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2024 should be a good year for U.S. cheese exporters.

Class III and Class IV milk markets gave up some ground today. But how much?

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.

As much of the U.S. digs out of snow and bitter cold weather, the milk markets were mixed and continue sideways.

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.