After losing $1.99 per hundredweight in 2017, New Mexico dairy farms lost another $1.18 per hundredweight in 2018, according to farm financial data gathered by Frazer Certified Public Accountants and Consultants
STRONGER PRICE PROJECTIONS for the second half of the year lifted All-Milk price prospects. Now pegged at a $16.45 midpoint, USDA raised its 2018 price forecast by 60 cents over the last month
While the program may invoke trepidation or blasé from dairy farmers, those who sign up for the 2018 Margin Protection Program for Dairy (MPP-Dairy) will receive a payment on the initial 5 million...
ON JUNE 1, THE SIGN-UP PERIOD WILL CLOSE for the new Margin Protection Program for Dairy (MPP-Dairy). Due to February legislation, this year’s coverage will be retroactive to January 1, 2018
CLASS III FUTURES CLIMBED 75 CENTS per hundredweight during early March to late April trading on the CME. May to December contracts averaged $16.05, with a September and October high of $16.50
In just five years, Class I milk sales have slid from 35.5 percent to 30 percent. That’s according to Federal Milk Marketing Order data that compares 2012 to 2017
It’s been estimated that 2 percent of America’s cows are now milked with robots. That number climbs to nearly 15 percent when looking north of the border
Farmers get only 30 cents from every $1 spent,” read the headline in the March 26, 2018, Hoard’s Dairyman Intel. When consumers spent $1 on dairy products in 2017, dairy farmers received 30...
USDA and the University of Missouri’s Food & Agricultural Policy Research Institute (FAPRI) conduct baseline projections each year for a number of agricultural sectors