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Marin Bozic, a University of Minnesota dairy economist, holds a glass representing Class I, or fluid, milk. In the Federal Milk Marketing Orders, high-value fluid milk is generally used to subsidize pay to farmers in the other three milk classes, represented by the other three glasses. But as fluid milk consumption declines, there s less milk to pour into the other cups, causing problems for the producer price differential.
Screenshot by Philip Gruber
Dairy poised for export gains
Despite all the challenges facing dairy last year, 2020 was a good year for U.S. dairy exports. And there’s reason for continued growth now and in the future, as the United States is well-positioned to be competitive in key markets.
Exports are increasingly important in dairy trade – globally and in the United States.
Global milk solids exports in 2019 totaled 9.400 million metric tons (MT); in 2020, they had grown nearly 400 million MT, to 9.793 million MT. The United States captured a sizeable portion of that trade, with total U.S. exports reaching over 2 million MT and growing 12% over 2019.
Average feed costs are up more than $5.00 per hundredweight
U.S. dairy farmers are feeling the squeeze.
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Average feed costs are up more than $5.00 per hundredweight
U.S. dairy farmers are feeling the squeeze.
Check out this story on FarmersAdvance.com: https://www.farmersadvance.com/story/news/2021/05/12/average-feed-costs-up-more-than-5-00-per-hundredweight/4977088001/
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Willie Vogt Crop insurance penalty eliminated for farmers who plant cover crops for animal feed or livestock grazing in response to extreme weather events.
Suggested Event
Jun 15, 2021 to Jun 17, 2021
Farmers who plant certain cover crops on prevent plant acres after bad weather prohibits timely planting would have more flexibility to avoid facing crop insurance penalties under a bipartisan bill introduced in the U.S. Senate.
The Cover Crop Flexibility Act of 2021 introduced by Sens. Debbie Stabenow, D-Mich., chairwoman of the Senate Committee on Agriculture, Nutrition, and Forestry, and John Thune, R-S.D., would permanently lift crop insurance penalties for farmers who plant cover crops that can be used for animal feed or livestock grazing in response to extreme weather events.