Limiting antibiotics for cows may create a new dairy market
22:13 | 05/02/2023
Would consumers buy milk that indicates responsible antibiotic use?
USDA’s New School Meal Proposal Keeps Low-Fat Flavored Milk on the Menu
21:34 | 05/02/2023
Agriculture Secretary Tom Vilsack announced on Friday new nutrition standards for school meals. The proposed updates to the school nutrition standards, which will be rolled out gradually over the next few years, aim to help give kids the right balance of nutrients while still offering appealing meals.
USDA Announces Additional Assistance for Dairy Farmers
10:36 | 28/01/2023
The U.S. Department of Agriculture (USDA) today announced the details of additional assistance for dairy producers, including a second round of payments through the Pandemic Market Volatility Assistance Program (PMVAP) and a new Organic Dairy Marketing Assistance Program (ODMAP). The update to PMVAP and the new ODMAP will enable USDA to better support small- and medium-sized dairy operations who weathered the pandemic and now face other challenges.
Financial Advice for Dairy Farmers Going into 2023
11:28 | 20/01/2023
Balance sheets and dairy farmers breathed a sigh of relief when milk prices hit $22.50/cwt. in 2022, an $1.50/cwt. increase from the all-milk price record set in 2014. While higher milk prices were welcomed, farmers also faced significantly higher input costs.
California Dairy Industry Hasn’t Escaped Damage from Storms
11:21 | 20/01/2023
The nine consecutive storms, or atmospheric rivers, that have battered California, spurred by what meteorologists call a bomb cyclone, have not left California’s dairy industry unscathed. As of last week, neither milk production nor milk deliveries had been disrupted, but another storm and runoff from the Sierra Nevada mountains could change that.
Fonterra to implement new capital structure
15:30 | 27/11/2022
New Zealand dairy giant Fonterra Co-operative Group Ltd said on Friday it would implement its new capital structure, intended to make it easier for new farmers to join the co-operative, in late March next year, according to Reuters.
Bunge to buy 49% of France's BZ Group
22:48 | 22/11/2022
Agricultural commodities trader Bunge agreed to buy 49% of France's BZ Group, a move that will support the expansion of BZ Group's silo facility in Rouen, the largest cereal export terminal in Western Europe, the companies said on Tuesday.
China’s Appetite for Consumer Dairy Products Grows
21:48 | 30/10/2022
China’s economic growth has slowed dramatically from pre-pandemic gains as the country continues to implement Covid restrictions. China’s appetite for some dairy products, however, has grown as consumers look to value-added products and the country’s pork industry recovers following devastating outbreaks of African swine fever that began in 2018.
Milk Fat vs. Milk Yield: Which is More Profitable?
23:41 | 25/10/2022
Butter prices have reached historic levels this year, pushing the value of component prices higher as well. As the monetary worth of milk fat grows, so does the pay price for the per hundredweight of milk. But what number is more important for a dairy farm’s income – milk fat percentage or milk yield? Donna Amaral-Philips, an extension dairy educator for the University of Kentucky, weighs in.
Weekly global protein digest: USDA raises all-milk price forecasts for 2022 and 2023
23:35 | 25/10/2022
Analyst Jim Wyckoff shares an update on the US futures market, USDA reports and global protein news
