Dairy Business News
As beef-on-dairy animals within the feedlot system continue to rise, feedlots are craving two key pieces of information to help ensure these crossbred cattle thrive.
Ag economists’ views on the ag economy took a dive in the first Ag Economists’ Monthly Monitor of 2024; however, relatively strong balance sheets and working capital could provide a cushion for 2024.
At the IDFA Dairy Forum in Phoenix, Az., IDFA’s CEO Michael Dykes shared that to drive the growth of dairy forward will take investment in people, processors, production, innovation and sustainability.
Consultant Bruce Vande Steeg has found creating a vibrant farm business starts with the leadership.
Michael Dykes, CEO of IDFA shared at the 2024 International Dairy Forum in Phoenix that our industry has a growth mindset The big-ticket question is whether today’s producers can help fill the milk production need.
Technology and robust data management will allow more cattlemen and smaller processors access to USDA graders to remotely assign official quality grades for beef carcasses, providing an opportunity to increase value.
At the end of the day, solid communication between the processor and the farm is essential and firmly understanding the processor’s strategic long-term vision is vital.
Drumgoon Dairy has recently completed a new renewable natural gas (RNG) production facility with Clean Energy and is expected to supply 1.66 million gallons of negative carbon-intensity RNG annually.
With another round of frigid temperatures blanketing the U.S. again, what’s behind the cold? Here’s a hint: it’s not El Niño.
Young farmer diversifies by producing energy from food scraps
Iowa Dairy Association has launched the Dairy Innovation Grant Program, which has been created to increase on-farm dairy processing, reduce farm labor costs, and expand the availability of dairy products for consumers.
Now that its mid-January, dairy producers are eagerly awaiting an announcement to sign up for the Dairy Margin Coverage program. The Farm Service Agency office has yet to reveal when the 2024 enrollment period will open.
With interest rates much higher than a year ago and inflation impacting almost every good and service, producers must crunch numbers frequently to understand their cost of production and be strategic with future debt.
Ask any dairy farmer how they feel about today’s markets and they will say that the economics don’t add up. This is true in any state, but certainly being highlighted in Wisconsin, as last year they lost 455 dairy farms.
No matter when beef cross calves are being sold, steps can be taken to make them more marketable.
“When I arrived at the dairy that day and assessed the situation, three main objectives were clear: Increase cash flow, reduce expenses, rebuild relationships.”
USDA’s final look at crop production for 2023 caught the commodity markets by surprise. The agency increased the final yield estimates for both corn and soybeans, and as a result, prices plummeted on Friday.
Trust In Food recently met with Dorrich Dairy’s Suzanne Vold to learn why she removed her work boots and gloves to attend talks around agriculture and its impact on climate at GreenBiz’s VERGE conference.
In their January 2024 land values report, Farmers National Company shared that the sharp increase in farmland values has slowed, and values are holding strong.
The national average for a gallon of gas is now $3.07, the lowest since 2021.
With a slogan of “raised, not sourced,” Tim Haer had a wild idea to differentiate their business: create a vending machine to sell meat produced on their family’s farm, an idea he says that’s been wildly successful.
In just a decade on the farm, Virginia dairy farmer Ben Smith’s journey has been one of dedication and innovation, which is what makes him the 2023 Milk Business Young Producer Award winner.
As milk prices continue to sink lower, more and more dairy producers are turning their attention to creating a healthy beef cross calf to generate additional income for their farms.
While we have flipped the calendar to a New Year, we didn’t necessarily say goodbye to low milk prices. 2023 was a tough year financially for dairy producers and 2024 isn’t off to a great start either.
All leading experts—from economists to cattle marketers, share that those producers with a surplus of heifer replacements are likely to capitalize on a pretty penny in the year ahead.
Dairy replacement heifer trade has been light nationwide. Similarly, global dairy trade has been on the decline. Will the trend continue as we head into 2024?
Farmers routinely handle high-dollar transactions — and the nature of the payments, often through unsecure methods, leaves them susceptible to foul play.
Faltering global demand could offset milk production losses.
French food group Danone said on Tuesday it had signed an agreement to sell its premium organic dairy units in the United States to investment firm Platinum Equity.
AgWeb and Trust In Food’s beta Climate-Smart Opportunity Navigator is matching producers with Climate-Smart Commodities grants tailored to their operation.