What am I most proud about in 2020? That was the question posed by Lucas Lentsch to dairy farm leaders of the National Milk Producers Federation (NMPF), Dairy Management Inc. (DMI), and USDEC
“The volatility within dairy has been very, very extreme,” said Kyle Schrad, vice president of Global Dairy and Food Operations at StoneX Financial Corporation. (Figure 1)
Roughly a quarter of U.S. milk was covered under Dairy Revenue Protection (DRP) and about 13% was insured under Dairy Margin Coverage (DMC) for 2020, said Tiffany LaMendola of Blimling and Associates
The dairy industry is in a much better financial position today than anyone would have thought back in late March when the COVID-19 pandemic was beginning to create unprecedented effects across the country
“2020 has certainly been a roller coaster year,” said dairy analyst Matt Gould, stating the obvious during the Pennsylvania Center for Dairy Excellence’s “Navigating the Numbers”...
Federal aid to farmers in this unprecedented year has taken a number of forms: two iterations of the Coronavirus Food Assistance Program (CFAP), the Paycheck Protection Program (PPP), and the Farmers to...
“We have to ask for practical use, is it helpful? Does the farmer know more after consulting the system than he or she did before? Of course, we want perfect sensor systems, but we have to use the...
The COVID-19 pandemic has most certainly impacted the financial stability of the country, put the economy into recession, and even raised concerns of a coming depression
According to political forecasting website fivethirtyeight.com, Pennsylvania is currently rated as the most likely “tipping point” state in this year’s presidential election
From a business standpoint, the U.S. Dairy Export Council’s decision to open its U.S. Center for Dairy Excellence this October in Singapore . . . in the heart of Southeast Asia . . . just may be...
Since a 2016 referendum in Great Britain, markets around the world have wondered if the country’s decision to leave the European Union (EU) would open up an opportunity for trade
“This has been the issue that is the toughest to navigate in trying to develop a global brand,” said Sartori Cheese CEO Jeff Schwager on the October 7 Hoard’s Dairyman DairyLivestream
There’s almost always a shortage of time and a lack of space on dairy farms. When deciding which animals get the most attention and best resources, the answer is typically the milking herd, and understandably...
Just how much U.S. milk goes into U.S. dairy exports? A few readers posed that question after reading the October 10, 2020, Editorial Comment "Should we cull all the cows in Wisconsin?"
There are some in our midst who continue to both belittle and bemoan dairy product exports. During a recent conversation, staff members for a rather well-known dairy farm organization went so far as t
