Two of the world’s closest allies, the United States and Canada, couldn’t be more apart on what’s right for their dairy industries with USMCA. The Canadian dairy industry does not like the potential agreement.
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.
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.