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
The Agricultural Marketing Service (AMS) proposed a temporary rule published in the March 30, 2018, Federal Register that would bump Class I milk prices up by 9 cents per hundredweight for a seven-month...
After an arduous journey, the Golden State’s dairy farmers will have their chance to cast a ballot on establishing a Federal Milk Marketing Order (FMMO) in California
While labor efficiency rose 2.3, labor costs climbed 7.2 percent, wiping away any gains in getting more work done on a daily basis through implementing technology
NEAR-TERM FUTURES CLIMBED 15 cents through February trading to reach a $14.55 average for March to August Class III contracts, with a low of $13.84 for April to a $15.61 high for August
To emphasize the importance of a healthy dairy sector to the overall U.S. economy, the International Dairy Foods Association (IDFA) commissioned an economic research firm to quantify that impact
At 30 percent market share, Class I utilization reached a new modern day low. When looking back over the past 14 years, Class I utilization for beverage milk was as high as 44 percent in 2004