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November Prices Received Index Up 3.5 Percent
The November Prices Received Index (Agricultural Production), at 88.1, increased 3.5 percent from October 2018. At 84.1, the Crop Production Index increased 5.0 percent. The Livestock Production Index, at 92.1, increased 0.9 percent. Producers received higher prices for lettuce, market eggs, cattle, and broilers but lower prices for soybeans, milk, hogs, and lemons. Compared with a year earlier, the Prices Received Index is down
The U.S. dairy sector is worried about access to the lucrative Japan market. Dairy groups and officials are sending a brand-new, industry-funded study to President Donald Trump, administration officials, and to members of Congress. Politico says the study stresses the need for expanding market access overseas. The report points out that the U.S. is the only major dairy-exporting country not included in one of two new trade deals with Japan. The report was commissioned by the
Colder than normal temperatures dominated most of the United States for the week, especially areas east of the continental divide. The eastern half of the country remained quite wet, with most areas east of the Missouri River recording above-normal precipitation for the week. The cold settled in as a polar vortex descended south and arctic air blasted the Midwest, Great Lakes and portions of the Plains at the end of the current period. Northeast Temperatures were mixed during
Under the 2018 farm bill, dairy producers will receive a refund up to 75% of Margin Protection Program (MPP) premiums paid from 2014 to 2017, excluding administrative fees. “Due to the low frequency of program payments, total program payments made to dairy farmers during this time are estimated at less than $12 million – resulting in an aggregate loss ratio of less than one-sixth of 1%,” says John Newton, chief economist at American Farm Bureau Federation. He adds that farmer
Cash dairy prices were mixed in the shortened Martin Luther King Day holiday week with the Cheddar blocks losing a penny, closing Friday at $1.39 per pound, 8 1/4-cents below a year ago when they lost 9 1/4-cents. The barrels plunged to $1.16 Wednesday, the lowest price since July 23, 2009, but closed Friday at $1.18, down 2 cents on the week and 14 cents below a year ago. Monday’s block price gained three-quarters, then jumped 4 3/4-cents Tuesday, climbing to $1.4450, the hi
High on the list of reasons for weak farm milk prices . . . and it’s easy to make a case it is number one . . . is too many cows. Within reason, no matter how much exporters are able to export and/or no matter how much Mother Nature takes a bite out of feed quality or quantity, the U.S. dairy industry has more cows than it needs. Hundreds of thousands more . . . entire states worth more. It’s a situation that a recent long-range USDA forecast sees no likelihood of changing. F
Milk production throughout the state of California is even. Class I sales in Southern California are down because the strike in the Los Angeles school district caused the closure of the schools for several days. However, bottled milk orders in the remaining regions of the state are steady. Interest for Class II is stable. In Arizona, milk production is strong, but remains below last yearśs volumes. Therefore, processing facilities are not as busy. Nevertheless, they conti
Average daily streamflows indicated in cubic feet per second.
Reservoir levels current as of midnight on date indicated. Upper Snake River system is at 78 % of capacity. (Jackson Lake,Palisades, Grassy Lake,Island Park,Ririe,American Falls,LakeWalcott) Total space available:884213 AF Total storage capacity:4045695 AF
BOISE — Despite drops in prices, cash receipts for Idaho farmers stayed about the same in 2018 due to increases in production. "Our prices are terrible ... but this year we had a really good year," University of Idaho Associate Professor Garth Taylor told the Senate Agricultural Affairs Committee Thursday. "Those farmers were out there doing the job." Cash receipts in 2018 were $7.18 billion, Taylor said, compared to $7.2 billion in 2017. But net farm income, he said, dropped