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WASDE: Domestic demand helps 2015 prices

USDA’s October World Ag Supply & Demand Estimates report left 2015-2016 U.S. milk production and marketing estimates unchanged from last month, but forecasts stronger domestic demand will boost milk prices for the remainder of this year.


U.S. court places hold on clean water rule nationwide

A U.S. court on Friday issued an order temporarily blocking the implementation of a federal water rule across the country, expanding on a prior injunction from a separate court that applied only to certain states.


Lighter Side: Biofuel from whiskey?

A Scottish company has developed a commercial scale method of producing biofuel capable of fuelling cars from the unwanted residue of the whisky fermentation process.


Dairy industry rallies together to deliver much-needed milk to food banks across the country

At one of the largest gatherings of global dairy professionals, the industry joined together to support a relevant, industry-wide cause that helped deliver more than 24,000 servings of milk to hungry families in need through The Great American Milk Drive, a partnership between Feeding America®, the nation’s largest domestic hunger-relief organization, and the nation’s dairy farmers and milk companies. The Great American Milk Drive is the first-ever national program to help deliver highly desired and nutrient-rich gallons of milk to hungry families who need it most.


Natural gas supply down

Henry Hub price reaches lowest level since July 2012. The Henry Hub spot price began the report week last Wednesday at $2.47/MMBtu, then dropped 21¢ by Friday to $2.26/MMBtu, the lowest Henry Hub spot price since July 2012. The price then rose to close at $2.46/MMBtu yesterday. Prices in most markets, except the Northeast, followed a similar pattern, ending down for the week, after reaching weekly lows on Friday. Chicago Citygate spot prices started at $2.56/MMBtu last Wednesday and closed yesterday at $2.46/MMBtu.


FAO September dairy price index firms

The global index of food prices rose slightly in September, with dairy prices halting a three-month decline, according to the latest United Nations’ Food and Agriculture Organization (FAO) Food Price Index.


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