Feb. 5 2024
After a dozen weeks of testimony and cross-examination spread over six months, the Federal Milk Marketing Order (FMMO) public hearing concluded on Tuesday, January 30
Nov. 27 2023
Hay stocks were at near-record lows as of May 1 of this year. In October, USDA forecast that 2023 alfalfa hay production would be up about 1% from last year and grass hay up 0.8%
Nov. 20 2023
We’ve seen a sharp increase in prices for dry whey, whey protein concentrate (WPC), and whey protein isolate (WPI) in the past three months, along with a little strength in permeate and lactose
Nov. 16 2023
With milk production staying within a narrow range of little change, demand for dairy products is the main driver for price changes
Nov. 13 2023
It would be useful if we could look into a crystal ball and see what the dairy industry was going to be like in 2024
Oct. 24 2023
My niece stopped by for a school project last week. They were talking about “big digit problems” in math and looking at real-life examples where lots of numbers come into play
July 10 2023
In the economic engine that is the U.S., 3% of America’s gross domestic product (GDP) is supported by the dairy industry, reports the International Dairy Foods Association (IDFA)
Feb. 27 2023
Although some prices are showing signs of easing, high price tags on dairy products facing consumers are persisting into early 2023
Feb. 6 2023
It is time the dairy industry has a serious discussion about improving and modernizing the price discovery tools used to value milk and dairy products
Feb. 6 2023
While some dairy producers eked out a profit during the first half of 2021, others in the western U.S. even lost money
Feb. 2 2023
Just like a rollercoaster, milk prices have been moving up and down within very short periods. Consider that in January 2022, the All-Milk price started at $24.20 per hundredweight (cwt.)
Jan. 30 2023
There’s a 65% chance of a recession
Jan. 30 2023
One element of farm profitability is generating more revenue from the possessions you already own
Nov. 14 2022
Mike Rankin, Hay & Forage Grower and Mike Hutjens, University of Illinois, will discuss feed quality lab results, ration costs, and by-product options
Oct. 6 2022
The number one challenge for young farmers and young people who want to get into farming is access to land, the 2022 National Young Farmer Survey recently reported
Oct. 3 2022
Recently, the Federal Reserve, simply known to many as the Fed, once again raised interest rates with the purpose of bringing down the inflation rate
Sept. 26 2022
At times this fall, wholesale natural gas prices in Europe have spiked nearly 3,000% higher than they were in the fall of 2020
July 25 2022
With inflation so out of hand, last month the Federal Reserve enacted the highest single-month interest rate jump since 1994
June 27 2022
“Manufacturers don’t actually know what they will have to pay for your milk until federal orders deliver the monthly announcement of prices,” wrote Mark Stephenson
June 27 2022
Federal Milk Marketing Orders have been in place for over eight decades, and while they have seen modest updates, many industry experts think more change is ahead