By M. Scott Wells, Craig Sheaffer, and Amanda Grey, University of Minnesota Extension
With today's modern varieties that are capable of yielding 6 to 7 tons per acre and alfalfa hay prices ranging from 195 to 295 dollars per ton (Dan Martens, Sauk Centre Hay Auction, 2015), there is an incentive to develop management practices that not only improve seeding year management, but also optimize the total revenue stream.
Daunting is one way to describe estate planning, said Heather Gessner, SDSU Extension Livestock Business Management Field Specialist. "This is one reason farm families have avoided implementing a plan for their farms and families," said Gessner.
Canadian fluid milk product sales fell 3% year-over-year in June, Statistics Canada reported Wednesday. That marks the eighth straight monthly year-over-year drop, as Canadians look for alternatives to the drink that was typically a staple of their diet.
A U.S. court on Thursday blocked a federal clean water rule from going into effect in certain states until a legal challenge has been resolved, handing a victory to states and business groups that have strongly opposed the regulation.
Prices vary slightly, but flat in many market locations. At the start of the report week, temperatures were generally above average in the East, South, and West, though below average in the Midwest and Rockies.