The deadline to enroll for the USDA’s Dairy Margin Coverage (DMC) and Supplemental Dairy Margin Coverage (SDMC) programs is approaching fast. The last day for producers to sign up is Monday, April 29, 2024.
If it’s possible to have a global milk production recession, that is, back-to-back quarterly year-over-year decreases in milk production in the key export regions – then we’ve been in one since Q1 2022.
More milk flowed during the summer months than expected, causing the USDA Economic Research Service to lower its all-milk price forecast for 2022 and 2023.
Making a big investment on a farm takes a lot of consideration. Often, owners meet with outside team members to help brainstorm and think through this process. The same holds true when producers look to purchase robots.
A big opportunity for forward-thinking, elite businesses is to attend the 20th Anniversary of the Milk Business Conference at the Paris Casino & Hotel in Las Vegas December 13-15, 2022.
An often-over-looked expense is having excess corn silage inventory. The decision has to be made soon, when you are chopping—to sell it or use it on the farm.
Managing heifer inventories on a dairy farm is not always easy. Deciding which heifers to keep and which to sell, as well as breeding decisions, can be a challenge. Experts offer seven tips on selling surplus heifers.
The lawsuit filed on July 29 in the U.S. District Court in Vermont, claims that DFA has created a market that has many sellers, but only one single buyer—a monopsony—across Vermont and in 10 other northeast states.
Last week, the Federal Reserve enacted another 0.75%-point interest rate increase to help combat high inflation rate. This increase in interest rates adds an additional cost that the farmer must carry.
Class III milk futures continued their trend lower. August milk tumbled 48 cents to $20.19/cwt. September milk took a nosedive of 51 cents to $19.81/cwt. Class IV milk futures settled 5-34 cents lower.
As we soon will be flipping the calendar to August, you likely already have your chopper in the shop. Mike North, president with ever.ag says there is a narrow window to get things priced in terms of silage.
The high temperatures and lack of rain that face south-central Missouri have not only played havoc on Michelle Eilenstine’s mind, but also with her corn crop.
Putting a value on corn silage, even when it never leaves the farm is also necessary. Gary Sipiorski says that most farms do not put any kind of a cost on planting corn for silage – and they really ought to.
The International Dairy Foods Association announces that registration for Dairy Forum 2023 is now open. More than 1,000 dairy leaders convene each year at Dairy Forum. The event returns in 2023 to Orlando, Florida.
Americans are seeing a once-in-a-generation price spikes at the grocery store. The picture is mixed when looking at how Inflation has affected dairy in comparison to other food products.
Trent Dado’s phone rang nonstop yesterday with the consistent question, “Is now the time to buy?” The Independent Dairy Nutritionist and Management Consultant says the short answer is, “Probably, yes.”
