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Dr. Mike Hutjens discusses the impact the coronovirus has on the dairy industry:
Legislation Congress passed last week contains provisions needed for dairy. Chris Galen of the National Milk Producers Federation updated listeners on Thursday’s Dairy Radio Now:
The Agriculture Department announced the March Federal order Class III milk price at $16.25 per hundredweight, down 75 cents from February but $1.21 above March 2019 and the highest March Class III since 2014. But that’s where the good news ends. More bloodletting is to come, thanks to the ongoing COVID-19 outbreak. The three month average stands at $16.77, up from $14.30 a year ago and compares to $13.87 in 2018 but that average is about to fall as well.
Class III futures have been pulled sharply lower and Wednesday’s settlements portended an April price of $14.45; May, $13.12; and June at $13.56, with the peak in October of just $15.14.
The March Class IV price is $14.87, down $1.33 from February and 84 cents below a year ago and the lowest Class IV price since September 2018. Its three month average is at $15.91, up from $15.68 a year ago and $13.01 in 2018.
Courtesy: Mielke Market Weekly
People spend a lot of time and elbow grease cleaning their calf facilities and equipment, but how effective is the effort? Dr. Ryan Leiterman from Crystal Creek shares the importance of deep cleaning to reduce pathogen levels that potentially harm calves:
Join the PDPW World Class Webinars: “Looking forward in 2020” with Eric Snodgrass, atmospheric scientist with Nutrien Ag Solutions. Snodgrass will analyze how the weather has impacted markets during the growing season. He’ll provide the latest long-range forecasts through the end of the growing season and show you how to forecast excessive heat, rain and drought- factors that have a huge impact on your input costs. The webinar will be held on Wed., Apr. 15, 2020 from 12:00 – 1:00 p.m. CT.