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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 yea
Average daily streamflows indicated in cubic feet per second.
Reservoir levels current as of midnight on date indicated. Upper Snake River system is at 70 % of capacity. (Jackson Lake,Palisades, Grassy Lake,Island Park,Ririe,American Falls,LakeWalcott) Total space available:1215456 AF Total storage capacity:4045695 AF
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 gratifi
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 en
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-b
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 precip
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 m
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:
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