HD Notebook

Profitability outlook for 2014 keeps getting better

Date: 
Fri, 12/06/2013

The Class III futures average has jumped 58 cents in just a month.

cows eating

by Dennis Halladay, Hoard’s Dairyman Western Editor

The early Christmas cheer that dairy producers received two days ago — November’s announced Class III price of $18.83 per hundredweight was 61 cents higher than in October — came with an outlook for 2014 that just keeps getting better.

At the Chicago Mercantile Exchange’s close on Wednesday, the average of Class III futures prices for the first 11 months of 2014 (December trading hasn’t started yet) was $17.54. Almost as encouraging was the tremendous price stability that CME traders expect: no individual month was lower than $17.21.

That compares to a 10-month Class III futures average of $16.96 on November 1. Its price stability outlook was just as solid, but no individual month was higher than $17.31. Read more

Will India become a major dairy importer?

Date: 
Thu, 12/05/2013

To avoid this, the nation must sustainably grow milk production at a price the consumer can afford.

by Amanda Smith, Hoard’s Dairyman Associate Editor

The European Union leads the ranks in world milk production. But, on an individual nation basis, India takes the cake. The U.S. pulls ahead when considering milk produced solely by dairy cattle, as India’s totals include buffalo milk.

Top 10 milk producing countries in 2012
Thousand tons*
1. European Union 156,400
2. India 133,700
3. United States 90,856
4. China 44,233
5. Pakistan 37,866
6. Brazil

Learn to express yourself and share your experiences

Date: 
Wed, 12/04/2013

Interviewing tips for young dairy applicants.

by Patti Hurtgen, Hoard’s Dairyman Online Media Manager

It is the season when many breed associations have conventions and often youth awards are presented at these annual events. Some awards require interviews to select the top recipients. In preparation for these times, here are a few things to keep in mind.

An interview follows the printed application. The form should be an accurate reflection of the body of work the young person has accomplished, but the interview is a living and breathing application. It allows the judges to get to know the applicant better and ask further questions.
dairy youth
Before the interview

  1. Know the award details – requirements, history of the award (named for an individual), expectations of the winner (another level of competition).

The onset of lactation is a major calcium drain

Date: 
Tue, 12/03/2013

Current research is taking a look at serotonin’s role in calcium uptake and its future potential in helping ward off milk fever.

cow

by Abby Bauer, Hoard's Dairyman Associate Editor

The start of lactation greatly raises the need for calcium in a dairy cow. On the day a cow freshens, she will produce 2-1/2 gallons or more of colostrum containing at least 23 grams of calcium. The continued loss of calcium through milk can exceed 50 grams per day in early lactation. This sudden shift challenges the cow’s ability to maintain blood calcium within an adequate range, potentially leading to the development of periparturient hypocalcemia, or milk fever. Read more

E.U. tops the U.S. in cheese consumption

Date: 
Mon, 12/02/2013

Even though Europeans eat four more pounds of cheese than Americans each year, there is wide variation in individual consumption across the continent.

person eating cheese

by Corey Geiger, Hoard’s Dairyman Managing Editor

Americans have developed a tremendous taste for cheese over the past 30 years. In 1980, domestic cheese consumption stood at 17.5 pounds per person. Thanks in part to growing demand for Mozzarella via pizza sales, cheese consumption jumped to 25.9 pounds by 1992, 30.5 pounds in 2002, and 33.5 pounds last year which is a new watermark. Despite our nation’s growing appetite for cheese, we still don’t consume as much as those living in Europe. Read more

“Next year is going to be pretty good.”

Date: 
Fri, 11/29/2013

How does $10 per hundredweight income over feed cost sound?

by Dennis Halladay, Hoard’s Dairyman Western Editor

Jerry DryerEven among other dairy market forecasters, predictions by marketing consultant Jerry Dryer are known for having a strong track record of accuracy. That’s why milk producers should find one of his recent public statements – the headline above – so encouraging.

It’s been a long and hard struggle to crawl out of the deep financial hole created by the dairy disaster of 2008-09. But dairy owners should make some serious progress in 2014, thanks to lower feed costs and higher income over feed cost margins that Dryer thinks will be around $10 per hundredweight all year. Read more

Thanks for the dairy opportunities

Date: 
Tue, 11/26/2013

But, please don’t send me the bill!

by Patti Hurtgen, Hoard’s Dairyman Online Media Manager

Girl with JerseyThis time of year, many reflect on what they are grateful for – family, friends and their health. Younger people often think of it as the Christmas warm-up event. For those youngsters in the dairy industry, it is the end of the show and judging seasons. (But, really they have already started thinking about next year.) While at this point in their lives, their experiences are fun, but later in life the thankfulness will reach its full depth. Read more

Use genomic data to your farm’s advantage

Date: 
Tue, 11/26/2013

Genomic testing of heifer calves can provide farmers useful information for making selection and culling decisions.

by Abby Bauer, Hoard's Dairyman Associate Editor

When genomic testing became commercially available a few years ago, it was almost immediately incorporated into genetic evaluation systems for dairy cattle. Today, genomic data is used to select young bulls that enter A.I. companies, and many cows, heifers, calves and embryos sold at auction are marketed based on genomic information.

Genomic testing can also be a great tool on the farm level, noted Kent Weigel, University of Wisconsin-Madison, in his presentation at the Dairy Cattle Reproductive Council annual meeting last month. Read more

What is your dairy’s purpose?

Date: 
Mon, 11/25/2013

Getting your employees to work more cohesively could be as simple as three words: mission, vision and values.

dairy employee

by Ali Enerson, Hoard’s Dairyman Special Publications Editor

Every farm should have mission, vision and values statements.

Did you just stop reading? Are you tired of hearing that your dairy needs these core items? To you I say – just do it! You’ll be done with it. You have to start somewhere. You have nothing to lose. Read more

Idaho needs to become a huge dairy exporting state

Date: 
Fri, 11/22/2013

No one else comes close to making as much milk per capita.

by Dennis Halladay, Hoard’s Dairyman Western Editor

Twenty-seven U.S. states border either the Pacific Ocean, Atlantic Ocean, or Gulf of Mexico. This makes them candidates to be international dairy product exporters via low-cost sea shipping.

But in terms of yearly milk production, only four are top 10 dairy states (California, New York, Texas and Washington) that have sufficiently high milk production volume to make them likely exporters.

Of those, California and Washington are already there. New York has more than 100 dairy processing plants, but their output is almost entirely used by New York residents. Texas, meanwhile, produces significantly less milk than its population consumes.

When looking at the list of largest dairy states, pounds of milk produced per resident clearly shows which one badly needs to become a major dairy exporter even though it doesn’t have ocean access: Idaho. Read more

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