Maybe we shouldn't have been too surprised with the February Milk Production report released last Thursday. After all, milk production in January had been down just 0.5 percent compared to a year earlier. Plus, the 23 top dairy states actually had 4,000 MORE cows in January than in December. Read more
Milk prices will move higher in the years ahead, according to a report to Congress given by FAPRI (the Food and Agricultural Policy Research Institute at the University of Missouri). FAPRI makes projections based on current policies and doesn't try to anticipate federal dairy and ag policy changes and directions. Read more
A couple weeks ago we had the pleasure of visiting some impressive Ontario dairies during the First North American Conference on Precision Dairy Management. Our first stop of the day was to Summitholme Holsteins in Lynden, Ontario. The farm is owned by brothers Carl and Dave Loewith, and Carl’s son, Ben Loewith. Read more
Jeff Simmons, president of Elanco Animal Health, was on hand at the Northeast Dairy Producers Association annual meeting in Liverpool, N.Y., to discuss, "Choice in the food chain and dairy's opportunity in feeding the world." Read more
Jeff Simmons, president of Elanco Animal Health, was on hand at the Northeast Dairy Producers Association annual meeting in Liverpool, N.Y., to discuss, "Choice in the food chain and dairy's opportunity in feeding the world. Simmons' presentation had three key components involving: technology, choice, and leadership. Read more
Lower milk prices and feed costs are forecast, but the lower costs won’t make up for the lower prices.
In yesterday’s World Supply/Demand Estimates, USDA lowered its milk price forecasts sharply from a month earlier. The midpoint projection for 2010 Class III prices was lowered from $15.25 to $14.50. The midpoint of the All-Milk Price projection was lowered from $16.55 to $15.85 or 70 cents per hundred.
The milk production forecast was raised for 2010 with milk production expected to be fractionally above 2009. Read more