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Milk price outlook remains uncertain

Farm Progress MORE MILK: According to USDA, milk per cow in 2021 is projected to average 24,095 pounds, 5 pounds more than the previous forecast. Dairy Outlook: With production up and the pandemic still affecting sales, 2021 milk prices are hard to predict. Milk production continues to run well above a year ago. “December milk production was 3.1% higher than a year ago, marking the second straight month above 3%,” says Bob Cropp, University of Wisconsin-Madison dairy economist. Milk cow numbers have been increasing since July, with another 12,000 in December bringing the total increase to 100,000, Cropp says. December cow numbers were 1.1% higher than a year ago. Of 24 selected states, just eight had fewer milk cows than a year ago. Milk per cow continues well above the normal trend, up 2%.

USDA, dairy farmers work together to mitigate risk for 2021

USDA, dairy farmers work together to mitigate risk for 2021 Published Thursday, Jan. 21, 2021, 12:02 am Join AFP s 100,000+ followers on Facebook Purchase a subscription to AFP | Subscribe to AFP podcasts on iTunes News, press releases, letters to the editor: augustafreepress2@gmail.com Front Page » Government/Politics » USDA, dairy farmers work together to mitigate risk for 2021 USDA staff and dairy producers across the country worked together to protect dairy operations for the 2021 production year under USDA’s risk management program options – the Dairy Margin Coverage, Dairy Revenue Protection, and Livestock Gross Margin for Dairy Cattle programs. Recent enrollment data for these programs indicate that dairy operations are proactively managing their risk.

Measure to protect dairy operations planned

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USDA and dairy farmers work together to mitigate risk for 2021

-USDA WASHINGTON In an unprecedented year, USDA staff and dairy producers across the country worked together to protect dairy operations for the 2021 production year under USDA’s risk management program options – the Dairy Margin Coverage, Dairy Revenue Protection, and Livestock Gross Margin for Dairy Cattle programs. Recent enrollment data for these programs indicate that dairy operations are proactively managing their risk. “In a year rife with challenges, our staff worked diligently to improve customer service and seamlessly deliver programs to assist agricultural producers,” said Bill Northey, USDA’s under secretary for farm production and conservation. “Through patience and perseverance on both sides of the virtual counter, as well as added resources made available to producers and staff for operating in a pandemic, producers were able to timely participate in these programs.”

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