A recent story from the Wall Street Journal pointed out that consumers who previously purchased organic milk are now buying alternative products like almond or soy “milk.”
USDA posted a notice in the Federal Register yesterday, announcing it was delaying further rule-making in promulgating a Federal Milk Market Order in California.
In the latest USDA World Agricultural Supply and Demand Estimates report, the overall milk price was unchanged despite a projected increase in milk production.
In the past 10 years milk production has risen 13.4% while the number of cows has gone up 0.8%, according to the latest milk production report from the U.S. Department of Agriculture.
The U.S. Department of Agriculture has lowered it's milk price projection for 2018 by $0.80/cwt in the latest World Agricultural Supply and Demand Estimates.
According to the USDA, the domestic demand for dairy has reached a 56-year high. At the same time, farm labor wages are also trending upwards. AgDay’s Betsy Jibben explains more in this week’s Dairy Report.
Milk production is slated to be down 100 million lb. from last month in the latest World Agricultural Demand and Estimates report from USDA, while prices could be almost $2 cwt lower than last February.
Missouri’s Gov. Eric Greitens signed the state’s budget on Jan. 5 which included $660,000 to fund a dairy risk management program created by the Missouri Dairy Revitalization Act.
Japan's agriculture officials must respect current market access between Japan and its trading partners, including the United States, when reviewing a list of geographical indications.
In an ag economy when profits are low and margins are tight, it’s more important than ever to have a factual handle on your farm’s finances, according to ag lender Carmen Michels with Compeer Financial.
