As the farm bill debate continues, examining how the Dairy Margin Coverage (DMC) program has operated — particularly what has triggered payments under the program — is instructive
Unlike the swimmers who will be racing across the pool during the Olympics this summer, it appears U.S. milk prices are more likely to be bobbing in the water, at least through the first part of the year
No record milk prices were received by farmers in 2023, but like many grocery staples, retail milk prices climbed higher. In fact, the price for a gallon of milk reached a new high last year
Whether you’re milking cows in the U.S. or New Zealand, milk prices are sliding in both the Northern and Southern hemispheres. In the world’s largest dairy exporting country, New Zealand, the...
It turns out 2022 was a year for the dairy record books as mailbox milk prices posted a record $24.64 per hundredweight (cwt.). That value was 60 cents higher than the previous $24.04 watermark set in...
Three years have passed since the COVID-19 pandemic began, but there has been a very clear lesson learned regarding the need for risk management. While the tools used from one farm to the next may be different,...
At $27.10 per hundredweight, dairy farmers received a record price for their milk in April 2022. This is the first time the All-Milk price pushed past either the $26 or the $27 threshold
As I write this, prices for the rest of the year are north of $22 per hundredweight (cwt.). Yes, input costs are high, which cuts into that high price, but nevertheless, profit margins likely look goo
There’s never a great time to have business costs of just about every kind rising, but if pandemic recovery, record inflation, and a war were going to force prices for farm inputs up