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Dairy Margin coverage is a simple choice

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.

Milk Prices lost the highs but kept the lows

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 .

Beef prices expected to decline by Summer

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 

Beef exports to Japan fighting an uphill battle

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.

Dairy Provisions stronger in the new farm bill

The Agriculture Improvement Act of 2018 . . . known to many as the 2018 Farm Bill . . . has significantly changed the Margin Protection Program for Dairy (MPP-Dairy) that was introduced in the 2014 Farm Bill. Read the full story at:  https://hoards.com/article-24616-dairy-provisions-stronger-in-the-new-farm-bill.html

Higher milkfat prices hinge on milkfat sales

The most recent USDA outlook calls for modest improvement in milk prices for 2019. Those same reports project higher milkfat and skim solids supplies for domestic consumers.   Read the full story at:  https://hoards.com/article-24667-higher-milkfat-prices-hinge-on-milkfat-sales.html.

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