May 21 2020
Financial strategy for dairy farms during COVID-19 has looked a little bit like a roller coaster. While milk prices plummeted and then started to rebound, many farmers revisited their budgets
May 21 2020
The projected aid for dairy comes to $6.18 per hundredweight. That’s according to the joint paper, USDA’s New Direct Payments Program for Dairy Farmers, by Christopher Wolf, Mark Stephenson,...
May 21 2020
Farmers and ranchers who are feeling the financial impacts of the current COVID-19 situation have been eagerly waiting for more details about the Coronavirus Food Assistance Program (CFAP)
May 20 2020
The coronavirus pandemic is a once in a generation event that has wreaked havoc on the dairy market. Prices have collapsed, supply chains are damaged, and milk dumping has tragically become widespread
May 14 2020
Because of COVID-19, every facet of the dairy industry was dealt a heavy blow. Across the dairy case, every product sustained significant demand drops
May 7 2020
In times of stress and uncertainty, it’s easy to succumb to the frenzy and focus heavily on what’s outside our control
May 7 2020
“We usually keep about 20 days of milk powder inventory on hand,” said Keith Murfield, CEO of United Dairymen of Arizona, on the May 6 episode of Hoard’s Dairyman DairyLivestream
May 7 2020
Based on rough calculations by the University of Wisconsin’s Mark Stephenson, it’s expected that the dairy industry will lose at least $10 billion because of the COVID-19 pandemic, and that...
April 30 2020
While most people are engaging in practices to help slow the spread of COVID-19, some individuals will still fall victim to this highly contagious virus
April 27 2020
We’ve heard the stories of milk being dumped in pockets of the country as processors reach their capacities because of the drastic change in demand from COVID-19
April 27 2020
COVID-19 certainly has disrupted the markets. So much so that in mid-April the USDA announced that they would be partnering with “regional and local distributors, whose workforce has been significantly...
April 27 2020
Dairy farmers are being financially squeezed by the COVID-19 vice. Just like being wedged in a vice in a farm shop . . . one jaw bearing down on dairy producers involves dumped milk because of lost sales...
April 23 2020
All eyes are on Washington as the wreckage wrought by coronavirus cascades through the U.S. economy, making it no surprise that USDA’s farm-aid package released April 17 has undergone intense scrutiny...
April 22 2020
It’s common to calibrate our expectations of an uncertain future around benchmarks in the past
April 16 2020
“Demand destruction” is how Andy Novakovic describes the impact of the current global COVID-19 pandemic on the dairy supply chain
April 16 2020
Although every dairy farmer would prefer to continue milk production and farm processes as they had planned earlier in the year, it appears milk production restrictions may be a reality through the rest...
April 16 2020
Many every day activities have suddenly become a potential risk factor when it comes to the spread of COVID-19. For example, two months ago, no one probably thought twice about opening the mailbox, pulling...
April 16 2020
My mom penned an open letter in response to the COVID-19 pandemic’s effect on retail dairy, and her thoughtful perspective is touching and reassuring