Marketing-Communications
“These actions mean that dairy products on Mexico’s retaliation list will now be free of the 20-25% tariffs that were restricting access to our best foreign market,” said Tom Suber, president of USDEC.
Dairy producers would be able to choose between signing up for Milk Income Loss Contract (MILC) payments or subsidized Livestock Gross Margin-Dairy insurance at the $1.50 deductible level for not more than 3 million lb. of milk each year.
The LGM-Dairy insurance program is likely to sell out by next month.
Robin Schmahl, hedge and marketing specialist with AgDairy, said spreads between block and barrel cheese inverted this week.
Financial speculators are likely adding to the volatility in corn and, possibly by default, dairy markets.
Leveraging dairy checkoff dollars with fast-food giants have resulted in billions of pounds of increased milk sales.
The U.S. has made the wrong products, used the wrong specifications, had weak or no customer relationships, and has been an inconsistent supplier.
Mid-sized freestall herds averaging 24,000 lb./cow/year were netting $3.17/cwt, based on a milk price of $22.92.
Producers are expected to have the opportunity to sign up for the federal Livestock Gross Margin for Dairy program once again in late October.
Idaho congressman Mike Simpson is the lead Republican in support of the House Ag Committee’s Dairy Security Act.
The legislation will replace current, outdated dairy programs with new risk management tools.
Culling was up across the country over the July numbers, with the largest jump in the Midwest, up 25%.
Program represents a once-in-a-generation opportunity to make major improvements, says National Milk Producers Federation.
Due to the impact of this natural disaster on dairy farmers in the Northeast, USDA is taking administrative action to include this milk as part of the Federal Milk Marketing Orders pool for the months of August and September.
LOL chairman Pete Kappelman: "[The proposal] has the potential to dramatically improve the traditional approach to dairy policy...”
Florida reported the highest milk price in the country, at $25.80. Idaho was the lowest, at $19.90.
With roads and bridges washed out, milk haulers have had to go to smaller sized trucks that can navigate seasonal roads and even farm and field lanes.
Mike North of First Capitol Ag and Farm Director Al Pell discuss where cheese prices are heading as seasonal consumption starts to pick up.
Year to date, however, cow culling is still running 70,000 head (or 4.4%) higher than 2010.
Three major construction phases due to be completed by fall 2012 will allow FDA to enhance both efficiency and quality
Rabobank research shows California dairies, processors uniquely positioned to capitalize on growing global demand.
USDA announced the July Class III minimum price at $21.39/cwt.—breaking the record by a penny set in July 2007.
“This amounts to an unexpected, unfair and unwarranted tax on dairy producers.”
The global situation is different now for U.S. suppliers than it was in 2008 and 2009, exporting agency says.
Incremental cheese sales were up 453 million lb. for the 12 months ending in April.
Six global dairy organizations have formed the International Dairy Research Consortium for Nutrition and Health
Dairy Farmers of America and Darigold will sell 1.354 million pounds of Cheddar cheese and Monterey Jack cheese to customers in Asia and Europe.
California Milk Advisory Board celebrates the nation’s leading dairy producers with Governor’s Proclamation.