Speaking from the Oval Office, Trump justified the tariffs as a response to what he described as excessive migration, drug trafficking and unfair trade practices. While he suggested the tariff rate could further increase, he indicated a decision on whether oil imports would be exempt would come soon.

Robert F. Kennedy Jr. promised to work with farmers to remove burdensome regulation during his confirmation hearing. And while Lee Zeldin’s past positions raised initial concerns, his recent statements during the confirmation process suggest he may be open to working with the biofuels industry in his new role as EPA Administrator.

Dairy cow slaughter rates are well above prior-year levels. For the week ending January 18, culling totaled 58,000 head, up 13.5% on the year.

The largest supermarket chain in the United Kingdom has made social housing of preweaned dairy calves a requirement for its contracted supplier dairy herds.

Class III futures were reluctant to follow several days of green with further higher price action, and showed modest declines or gains depending on the month.

Milk production in the 24 major states continued its downward trend in December, totaling 18.0 billion lbs., a 0.4% decline from the previous year.