Sign-up for the 2019 Dairy Margin Coverage (DMC) program concludes on September 20, 2019, leaving dairy producers a little more than one month to choose to participate in the new farm bill program. Read the full story at: https://hoards.com/article-26051-dairy-safety-net-sign-up-enters-final-stages.html
Sign-up for the new Dairy Margin Coverage (DMC) program is well underway, and sign-ups have been steady since enrollment began on June 17. Read the full story at: https://hoards.com/article-25854-over-half-select-five-year-coverage-option.html
Sign-up for the new Dairy Margin Coverage (DMC) program is rapidly approaching, and the 2019 decision is easy given the data already known for the first few months of this year. Read the full story at: https://hoards.com/article-25722-rising-feed-costs-weigh-on-milk-prices.html
Originally included in the Agriculture Improvement Act of 2018, known to many of us as the farm bill, it has finally reached the point where dairy farmers must decide their level of participation in the Dairy Margin Coverage (DMC) program. Read the full story at: https://hoards.com/article-25668-dairy-margin-coverage-is-a-simple-choice.html.
Record milk prices from 2014 have been forgotten and have given way to the serious financial straits many dairy producers have found themselves in these days. Milk price data since 2015 tells a story of lower and less-variable prices. Read the full story at: https://hoards.com/article-25477-milk-prices-lost-the-highs-but-kept-the-lows.html .
Today, the most critical issue for dairy farmers to think about is signing up for the new Dairy Margin Coverage (DMC) program. The important dairy safety net got approved with the 2018 Farm Bill. Additional changes were woven into the new farm bill that could be very important to dairy producers in the future. Read …
Although sign-up for the new Dairy Margin Coverage (DMC) program does not begin until June, payment calculations are already underway. With the January 2019 income over feed cost margin announced at $7.99 per hundredweight (cwt.), producers who choose to sign up at the $9.50 cwt. coverage level will receive a payment of $1.51 per cwt. …
Harsh weather conditions prevailing across many important cattle-feeding areas are not only affecting beef output, but also could be setting the industry up for price pressure in the second half of 2019. Read the full story at: https://www.farmprogress.com/beef/beef-prices-expected-decline-summer
Price data from the Bureau of Labor Statistics reveals that the U.S. retail average price for a gallon of whole milk was below $3 for every month of 2018. Whole milk prices ranged from a monthly high of $2.96 per gallon in January to the monthly low of $2.84 in July, with the most recent …
The challenge for U.S. beef exporters to continue to grow market share in Japan recently stiffened. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership entered into force Dec. 30. This trade agreement is comprised of 11 nations, including Japan and major beef exporters such as Australia, Canada and New Zealand. Read the full story at: https://www.farmprogress.com/beef/beef-exports-japan-fighting-uphill-battle.