Higher milk prices expected in 2019

Dairy Outlook: USDA says milk prices could reach the high 16s or low 17s by the fourth quarter of 2019. The December Class III milk price averaged $13.85, which put the average milk price for 2018 at $14.60 — the lowest average price in the past four years, according to USDA. The milk price for the year peaked in September at $16.09, despite a lower growth in milk production. It was up just 0.7% in October and 0.8% in November. The decline in milk prices at the end of the year was not expected. Strong holiday sales of butter and cheese normally push prices higher. Sales in 2018 appear to be up but only modestly. Fluid (beverage) milk sales continued to decline, being 2.2% lower from January

Top 10 Ag News Stories of 2018: No. 1 Trade Disruptions Led to New Negotiations and an Aid Package f

OMAHA (DTN) -- Each year, DTN publishes our choices for the top 10 ag news stories of the year, as selected by DTN analysts, editors and reporters. We complete our countdown today with the No. 1 story of the year: international trade issues -- including tariffs, tough negotiations and trade aid. Agricultural economists will one day look back at the trade fights of 2018 and provide the hard numbers to declare whether tariffs and tough negotiations proved to be deferred gratification for American farmers or the erosion of U.S. market share. President Donald Trump gave us tweets declaring that "trade wars are easy" and other countries had better stick to their word because he doesn't mind being

Dairy assistance sees improvement in 2018

Next farm bill also offers significant boost in dairy safety net to help struggling producers. More than 21,400 dairy producers opted for coverage through the Margin Protection Program for Dairy (MPP-Dairy) in 2018, up by more than 2,000 producers from the previous year. This U.S. Department of Agriculture program was significantly updated in February by the Bipartisan Budget Act of 2018, and Agriculture Secretary Sonny Perdue said those changes attracted more producers to enroll in the safety net program or to increase their coverage. “Dairy producers have long been battling low prices, high input costs and a surplus in the global market. Unfortunately, the 2014 farm bill did not provide a

Top 10 Ag News Stories of 2018: 4, 3, 2 Beef Traceability, Lower Farm Incomes, and Big Crops Keep Co

OMAHA (DTN) -- Each year, DTN publishes our choices for the top 10 ag news stories of the year, as selected by DTN analysts, editors and reporters. We continue counting down with No. 4 being the much-debated issue of traceability for U.S. beef, No. 3 is faltering farm incomes -- yet the farmers have high optimism -- and No. 2 is how the sixth consecutive year of good enough weather pushed the 2018 U.S. corn yield to a new record-high 178.9 bushels per acre, producing a 14.6-billion-bushel crop and a fourth consecutive year of sub-$4.00 cash corn prices. No. 4: Pivotal Period for Beef Traceability The U.S. beef industry is in a pivotal period of history with regard to animal traceability, ran

This Week's Drought Summary (12/27)

Northeast Light to moderate precipitation fell on the dry regions in the upper Northeast, but no appreciable change in the abnormal dryness was noted. There are a few additional areas with marginal precipitation deficits on some time scales that will be monitored for potential introduction in future weeks. Southeast Moderate precipitation kept most of the region free of dryness and drought, with the exception of southeastern Florida. Three to locally over six inches of precipitation doused the northwestern tier of the D0-D1 areas, eliminating the former D0 areas from approximately Volusia southwestward to parts of Hardee and Polk Counties, but the rain cutoff sharply on its southeastern side

Lots of good things for dairy in new farm bill

Dairy Update: All-milk price for 2019 forecast to be $16.70 to $17.60 per cwt. After a bit of wrangling and posturing, Congress has finally passed a new farm bill and President Donald Trump has signed it into law. After a bit of wrangling and posturing, Congress has finally passed a new farm bill and President Donald Trump has signed it into law. So, what does this mean for dairy? For farmers, the new bill includes overhauled risk management programs that are reported to be more affordable and accessible for participants. The new insurance products will help producers manage margins in periods of low milk prices, and you can participate in more than one program at a time. An important new pr

Top 10 Ag News Stories of 2018: 7, 6, 5 Tax Reform, a New Farm Bill, and Harsh Weather Conditions fo

OMAHA (DTN) -- Each year, DTN publishes our choices for the top 10 ag news stories of the year, as selected by DTN analysts, editors and reporters. We continue counting down with No. 7 being how tax reform led to a "grain glitch" with unintended consequences, No. 6 highlighting the long work of Congress leading to a new farm bill signed by President Donald Trump just before Christmas, and No. 5 summarizing how challenging a year it was weather-wise for farmers in 2018. No. 7: Tax Reform Became a "Grain Glitch" The Section 199A provision in the 2017 tax law soon was dubbed the "grain glitch" and led trade associations representing non-cooperative agricultural buyers to plead with Congress for

Dairy prices remain unsteady

Cash block cheese closed the Friday before Christmas at $1.39 per pound, down 1 3/4-cents on the week and 10 1/4-cents below a year ago. The barrels finished at $1.2950, down 1 1/2-cents, 11 1/2-cents below a year ago when they plunged 25 cents. Only 4 cars of barrel were traded last week at the CME. The blocks lost 4 cents on Monday Christmas Eve, falling to $1.35, while the barrels were unchanged. The markets are closed Tuesday for Christmas and reopen Wednesday. Demand is mixed in the Midwest cheese sector, says Dairy Market News. Some Cheddar demand is seasonally slower but mozzarella and other pizza cheese producers suggest orders are steady to better than expected. Milk availability is

Top 10 Ag News Stories of 2018 - Best of the Rest

OMAHA (DTN) -- Anyone who's ever operated a combine knows what happens when they fill the hopper just a little too full: Grain spills over the side and rains down on the roof of the cab. Farmers even have their own terminology for this phenomenon -- "cab corn." Scan farmers' social media accounts during harvest and you'll likely run across photos with the hashtag #cabcorn showing combine cabs topped with small mounds of corn, along with various explanations of how it happened and who's to blame. Something similar happened when DTN reporters and editors were harvesting this year's bountiful crop of stories for our annual Top 10 Ag News Stories of the year series. We kept filling our 10-story-

Top 10 Ag News Stories of 2018: 10, 9,8 Falling Ethanol Prices, Rising Health Insurance Costs and Co

OMAHA (DTN) -- Each year, DTN publishes our choices for the top 10 ag news stories of the year, as selected by DTN analysts, editors and reporters. On Dec. 24, we looked at some of the runners up for this year. Wednesday we begin the countdown with No. 10 being ethanol's struggles with EPA waivers and low prices, No. 9 being new options emerging as health insurance premium costs rose, and No. 8 being the continuing dicamba drama as there were new regulations but still more off-target dicamba damage. ** No. 10: EPA Waivers Send Ethanol Prices to 2005 Lows DTN's No. 10 top ag news story of 2018 was ethanol's struggles with RFS waivers and low ethanol prices. By Todd Neeley DTN Staff Reporter O

Fluid Milk and Cream - Western U.S. Dairy Report

California milk processors are getting prepared for additional milk balancing during the holidays. Some smaller plants will reduce their intakes or close, so more milk will be going to butter and powder plants. Regional plants are in good shape and have the capacities necessary to handle the expected extra loads of milk. This week, milk production is even to up. Educational institutions are also closed for the holidays. As the result, Class I sales are currently down. Recent rains in California have not much impacted milk transportation and deliveries. In general, milk yield is even to increasing. Some reports suggest that there has been a lot of shifting in supplies. In Arizona, p

New farm bill to help Western irrigators

Water Lines: From expanded EQIP to support for a key protection program, there is good news. Congress in December easily passed the farm bill, sending the compromise legislation to the president’s desk. Congressional committee staff members said the mission of the conference was to reach a deal that could pass both chambers, and that compromise was the idea from the beginning. Overall, the package agreed to by House and Senate negotiators more closely resembles the Senate version of the farm bill. House negotiators were forced to drop nearly all their demands on food stamp work requirements and key elements of their forest management and wildfire protection provisions. However, the farm bill

This Week's Drought Summary (12/20)

This week, another strong storm system crossed the southern continental United States, delivering moderate to heavy precipitation from parts of Texas and Oklahoma east and northeastward through the Ohio Valley and Southeast to the Atlantic Coast. Moderate to heavy precipitation also occurred from the central California coastline northward to the Canadian border, and in the interior northwest in northeast Oregon, eastern Washington, and the Idaho Panhandle. Elsewhere, little to no precipitation fell. With the exception of southern Texas, Louisiana, Mississippi, Alabama, Florida, northern New England, and a few pockets in the Intermountain West, most of the continental United States experience

November Milk Production in the United States up 0.6 Percent

November Milk Production up 0.8 Percent Milk production in the 23 major States during November totaled 16.4 billion pounds, up 0.8 percent from November 2017. October revised production, at 16.9 billion pounds, was up 0.9 percent from October 2017. The October revision represented a decrease of 18 million pounds or 0.1 percent from last month's preliminary production estimate. Production per cow in the 23 major States averaged 1,877 pounds for November, 18 pounds above November 2017. This is the highest production per cow for the month of November since the 23 State series began in 2003. The number of milk cows on farms in the 23 major States was 8.72 million head, 16,000 head less than Nove

Dairy prices strengthen

Dairy prices strengthened the second week of December as traders awaited the last Global Dairy Trade auction of 2018 on Tuesday, plus Wednesday afternoon’s November Milk Production report. Cheddar block cheese, after falling to $1.33 per pound last Monday, lowest CME level since May, 2016, rallied and closed Friday at $1.4075, up 5 3/4-cents on the week but 12 1/4-cents below a year ago. The barrels finished at $1.31, up 8 3/4-cents on the week and 35 cents below a year ago. Five cars of block were sold on the week and 27 of barrel. The blocks inched up a quarter-cent Monday and stayed there Tuesday at $1.41. The barrels were up a penny Monday, hitting $1.32, and held there Tuesday, 9 cents

Dairy farmers caught in the trade crossfire

“When I look across agriculture, I don’t know if there is another commodity that’s had it tougher than dairy,” stated Zippy Duvall, president of the American Farm Bureau Federation, at the annual gathering of the National Milk Producers Federation, National Dairy Promotion and Research Board, and the United Dairy Industry Association held in Phoenix, Ariz., late this fall. Part of those recent milk price issues and subsequent cash flow concerns have been caused by turbulent trade matters. “When China enacted retaliatory dairy-related trade sanctions, U.S. commodity dairy sales essentially stopped,” said former USDA Secretary Tom Vilsack, who now serves as CEO of the U.S. Dairy Export Council

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