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July MPP-Dairy margin is $7.45/cwt.; 2016 enrollment closes Sept. 30

Depending on what happens next month, dairy farmers insuring margins at the second-highest tier under the Margin Protection Program for Dairy (MPP-Dairy) might even see a small indemnity payment. USDA’s Farm Service Agency (FSA) announced a July 2015 Margin Protection Program for Dairy (MPP-Dairy) margin of $7.44659/cwt.

News

Arla expects depressed milk market to improve in 2016

Global milk prices, depressed by oversupply, should start to pick up at the beginning of 2016 partly because supply in China will ease, the head of one of Europe's biggest dairy companies, Arla Foods, said on Monday.

News

July milk prices maintain narrow range

U.S. average all-milk prices continued a five-month stretch within a 30¢/cwt. range, according to the USDA/NASS Ag Prices report. USDA estimated the July 2015 U.S. average all-milk price at $16.60/cwt., down 30¢ from June, and $6.70 (29%) less than July 2014.

News

Zoonotic disease detectives

Georgia 4-H is piloting an educational series aimed at teaching children how to help prevent the spread of animal diseases like swine flu, salmonella, E. coli and rabies.

News

NMPF seeks WOTUS enforcement suspension pending resolution of court cases

The National Milk Producers Federation urged the Obama Administration to hold off on the national enforcement of the new Waters of the U.S. (WOTUS) regulation, in response to a court decision last week suspending the regulation in some states, but not others.

News

Meat of the Matter: Of mice and meat

Creative fund-raising and animal experimentation have engineered a breakthrough in curing the dreaded disease of ALS. But expect animal activists to empathize with the poor, suffering mice.

Markets

Where are gasoline prices headed?

Crude oil prices have once again been making headlines, dipping into the upper $30s and lower $40s per barrel. In an article last week (farmdoc daily, August 19, 2015), it was shown that real (inflation-adjusted) prices of crude of oil and gasoline have fallen back to levels prevailing more than a decade ago.

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