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Dairy markets resumed their rally on Monday with Class III prices closing 40 cents stronger in the August and September months.

As predicted, a very large Dairy Margin Coverage (DMC) payment is coming to producer’s mailboxes. In fact, June’s DMC income over feed cost calculation set a new record low at just $3.65/cwt.

Many discussions about becoming carbon neutral have been geared toward carbon credits and markets. Some calling it a potential gold rush for agriculture. However, the carbon market can be very confusing to understand.

With no end to the higher feed cost trend in sight, farmers are looking at ways to get the most out of their rations while minimizing wasted feed.

We don’t feed dairy calves the way we used to, and that’s a very good thing, according to calf industry consultant Dave Kuehnel.

By 2031, an estimated additional 71 million tons of animal protein will be needed globally, thus boosting demand for livestock feed commodities – mostly corn and soybeans.

After giving back some of last week’s big gains in Class III Milk, prices bounced back on Friday.