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Use of proceeds includes paying for 37 percent Shengmu stake.
Nebraska’s wide grasslands, fields of golden corn and gushing aquifers make the state a nearly perfect home for cows that are content to live a quiet life of chewing cud and being milked.
Dairy farmers currently face challenges that prior generations also had to overcome. However, today’s farmers are also facing new challenges. Increased pressure from consumers is not only impacting farmers, but processors, too.
On Tuesday, USDA released its cattle inventory report. The report showed there are 4.75 million milk replacement heifers. According to Mike North of Commodity Risk Management Group, that’s more than half of the milking herd.
The state Senate in Wisconsin is proposing a bill to aid a cheese distributor.
A Wisconsin cheese distributor has been approved for extended tax incentives.