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Global Trade News Update

A flurry of trade legislation activity occurred in Washington D.C. recently and has the U.S. dairy industry optimistic for feeding the world.. Chris Galen, Sr. VP of Strategic Initiatives and Membership Services updated Dairy Radio listeners on the latest news:

Applications for PDPW Cornerstone Dairy Academy Due Jan. 31

PDPW Cornerstone Dairy Academy™is an application-based leadership program.  Applications are due. Jan. 31, 2020.  The program will be held March 17-18, 2020 at the Alliant Energy Center in Madison, Wisconsin. PDPW's Tracy Propst tells us about the three pillars...

Disappointing Disappearance

The latest commercial disappearance data appears a bit disappointing; however FC Stone dairy broker Dave Kurzawski puts it into perspective and discusses the new block cheese price futures contract with Lee Mielke:

Corn Silage Crop Concerns

Dr. Mike Hutjens joins us on our Feed Forum Friday with some good news and bad news about the 2019 corn silage crop:

China Increases Appetite For Dairy

Part two of our conversation with former Agriculture Secretary Tom Vilsack, President and CEO of the U.S. Dairy Export Council:

China, USMCA Rings In Optimism For New Year

President Trump is expected to sign a trade deal with China today and the U.S. Senate is expected to pass the U.S. Mexico Canada Agreement tomorrow. Tom Vilsack, President and CEO of the U.S. Dairy Export Council says both will be good news for the U.S. dairy industry:

Apply Now For Cornerstone Dairy Academy

PDPW Cornerstone Dairy Academy™is an application-based leadership program.  Applications are due. Jan. 31, 2020.  The program will be held March 17-18, 2020 in Madison, Wisconsin in conjunction with the 2020 PDPW Business Conference. PDPW's Tracy Propst joined us for...

U.S. Dairy Exports Looking Good

U.S. dairy exports looked good for November with strong performance across most commodities, according to High Ground Dairy's Lucas Fuess. He talks with Lee Mileke about the numbers.

Corn And Soybeans in January

Mike Hutjens joins us with an update on the corn and soybean harvest.

A Step Closer To USMCA Approval

Chris Galen with the National Milk Producers Federation joined us to discuss the latest on how lawmakers are dealing with the U.S. Mexico Canada Agreement:

Latest Moos

Global Trade News Update

A flurry of trade legislation activity occurred in Washington D.C. recently and has the U.S. dairy industry optimistic for feeding the world.. Chris Galen, Sr. VP of Strategic Initiatives and Membership Services updated Dairy Radio listeners on the latest news:

Disappointing Disappearance

The latest commercial disappearance data appears a bit disappointing; however FC Stone dairy broker Dave Kurzawski puts it into perspective and discusses the new block cheese price futures contract with Lee Mielke:

China, USMCA Rings In Optimism For New Year

President Trump is expected to sign a trade deal with China today and the U.S. Senate is expected to pass the U.S. Mexico Canada Agreement tomorrow. Tom Vilsack, President and CEO of the U.S. Dairy Export Council says both will be good news for the U.S. dairy industry:

Will Milk Prices Hold?

2019 milk prices reached the highest levels in five years but will they last in 2020? FC Stone dairy broker Dave Kurzawski gives Lee Mielke his read on things.

Dec Class III is $19.37

The Agriculture Department announced the December Federal Order Class III benchmark milk price on January 2 at $19.37 per hundredweight (cwt.), down $1.08 from November, $5.59 above December 2018, and the highest December price since 2007. That put the 2019 Class III average at $16.96, up from $14.61 in 2018 and $16.17 in 2017. 

        The December Class IV milk price is $16.70 per cwt., up 10 cents from November, $1.61 above a year ago, and the highest Class IV price since August. Its 2019 average is $16.30, up from $14.23 in 2018 and $15.16 in 2017. Courtesy Mielke Market Weekly

Senate Urged To Pass USMCA

The U.S. Dairy Export Council (USDEC) and National Milk Producers Federation (NMPF) praised the House of Representatives for approving legislation implementing the United States-Mexico-Canada Agreement (USMCA). As NMPF”s Chris Galen tells us, now it’s the Senate’s turn:

Milk Quality The Focus

The US dairy industry produces some of the best quality milk in the world, though it has been hesitant to lower its maximum allowable somatic cell count standards to global levels. Corey Geiger, managing editor of Hoards Dairyman magazine, talks with Lee Mielke about that and the upcoming Quality Award winners:

Managers Academy Preview

Focus on thinking differently in a hyper-paced world and go beyond managing and coaching to empowering others. The 2020 PDPW Managers Academy for Dairy Professionals program is set for January 14-16, 2020 at the Omni Corpus Christi Hotel in Corpus Chrisi, Texas. Shelly Mayer tells us more on today’s Dairy Radio broadcast.

Data Helps Explain Prices

The USDA’s latest dairy product commercial disappearance data helps explain recent prices, according to Matt Gould, analyst and editor of the Dairy and Food Market Analyst newsletter. He talks about with Lee Mielke on today’s Dairy Radio:

House Passes Ag Labor Bill

The U.S. House of Representatives passed the Farm Workforce Modernization Act (H.R. 5038). The bill, the first House-passed agricultural labor reform since a comprehensive immigration plan in 1986, includes critical provisions to address dairy’s unique workforce needs. NMPF’s Chris Galen discusses the issue and also provides an update on the U.S. Mexico Canada Agreement:

Hit The Reset Button For New Thinking

The 2020 PDPW Managers Academy for Dairy Professionals program is set for January 14-16, 2020 at the Omni Corpus Christi Hotel in Corpus Chrisi, Texas. The 3-day executive-level professional development training and networking program is designed for dairy owners and managers, CEOs, industry directors, processors, marketers and distributors. PDPW Executive Director Shelly Mayer has a preview on today’s Dairy Radio program.

Class III Jumps To $20.45

The US Agriculture Department announced the November Federal order Class III benchmark milk price at $20.45 per hundredweight this week, up $1.73 from October, $6.01 above November 2018, and the highest Class III price since October 2014.

The eleven month Class III average is $16.74, up from $14.69 at this time a year ago and $16.24 in 2017.

The November Class IV price is $16.60, up 21 cents from October and $1.54 above a year ago. Its average stands at $16.26, up from $14.15 a year ago and $15.31 in 2017. Courtesy Mielke Market Weekly

TB Transfer Discussed at Summit

One confirmed tuberculosis (TB) test creates a domino effect of confusion, cost and questions. During the PDPW Dairy Insights Summit in Madison this week, Steve Maddox of Ruann Dairy in California will share his family’s story of how reverse transfer – the human-to-animal transmission – changed his family’s dairy and how the government and regulatory system responded.

Attitude of Gratitude

Today’s broadcast is with Chris Galen of the National Milk Producers Federation. We hope your day is filled with love, laughter, and most of all, gratitude.

Rising Milk Production

Matt Gould, editor of the Dairy and Food Market Analyst, warns of rising milk output in the U.S. and globally and the downward pressure that will mean ahead, but he is still optimistic about 2020 for dairy farmers. He talks with Lee Mielke about the reasons why.

  

December Class I Up $1.19

The December Federal order Class I base milk price was announced by the USDA at $19.33 per hundredweight, up $1.19 from November and $4.28 above December 2018 and the highest Class I price since December 2014. It equates to about $1.66 per gallon, up from $1.29 a year ago. The 2019 Class I average is $16.99, up from $14.84 in 2018 and $16.45 in 2017.
Courtesy Mielke Market Weekly

Ag Labor and Trade Priorities

As public impeachment hearings kicked off in Washington, the National Milk Producers Federation continues to push congress to pass the U.S. Mexico Canada trade deal and the Farm Workforce Modernization Act, a bipartisan immigration bill that advances agriculture immigration reform. Chris Galen of the National Milk Producers Federation joins us:

Latest Dairy Market Report

Dairy producers are seeing their highest prices in five years and signup in the improved DMC program has generated support. But, two negative factors are the decline of butter prices and the softening of U.S. dairy export volume growth in the past half-decade. The latest issue of the Dairy Market Report for October 2019 is now available online.

Guest Worker Bill Introduced

The Farm Workforce Modernization Act, a bipartisan immigration bill that advances agriculture immigration reform and helps dairy operators with year-round employment was introduced in the House. Chris Galen of the National Milk Producers Federation tells us more on Dairy Radio:

Class III Hits 5 Year High

The October Federal Order Class III benchmark milk price hit a five-year high at $18.72 per hundredweight, up 41 cents from September, $3.19 above October 2018, and the highest Class III since November 2014. The October Class IV milk price is $16.39, up 4 cents from September and $1.38 above a year ago. Courtesy: Mielke Market Weekly

Class I Will Move Higher

The Agriculture Department announced the November Federal order Class I base price at $18.14 per hundredweight, up 30 cents from October, $2.62 above November 2018, and the highest Class I since January 2015. It equates to $1.56 per gallon, up from $1.33 a year ago. The 11 month average is $16.78, up from $14.82 a year ago and $16.41 in 2017.
Courtesy: Mielke Market Weekly

China To Purchase U.S. Ag Products

Trade remains a volatile issue with the seemingly never ending dispute with China. FC Stone dairy broker Dave Kurzawski reports there is talk is of a purchase by China of $40-50 billion worth of US agricultural products:

Global Trade Update

Chris Galen of the National Milk Producers Federation updated listeners on the latest trade talks with Mexico, Canada, China, Japan, and the European Union:

Red Meat Study Challenges Negative Charges

Agriculture Secretary Sonny Perdue didn’t have much of a positive response to a question about plant-based meats at World Dairy Expo. Hoards Dairyman Managing Editor, Corey Geiger talks with Lee Mielke about it and reports on a new study that challenges the negative charges against red meat consumption.

Perdue: Adapt To Survive

Agriculture Secretary Sonny Perdue told dairy farmers at World Dairy Expo in Madison last week that they will have to adapt to survive. HighGround Dairy’s Lucas Fuess was there and talks with Lee Mielke about the reaction.

Benchmark At 5-Year High

The Agriculture Department announced the September Federal order Class III benchmark milk price at $18.31 per hundredweight, up 71 cents from August, $2.22 above September 2018, and the highest it has been since November 2014 and compares to California’s September 2018 4b cheese milk price of $15.62. The Class III price equates to about $1.51 per gallon, up from $1.51 in August and $1.38 a year ago.

The nine month Class III average stands at $16.11, up from $14.62 at this time a year ago and compares to $16.12 in 2017.

The September Class IV price is $16.35, down 39 cents from August and the lowest since May, but is $1.54 above a year ago. Its 2019 average stands at $16.21, up from $13.95 a year ago and $15.51 in 2017.
Courtesy Mielke Market Weekly

Remembering Jerry Dryer

The dairy industry has lost one of its greatest contributors. Lee Mielke dedicates today’s broadcast to Jerry Dryer whose voice was heard on DairyLine Radio for many many years. Lee and dairy analyst Matt Gould discuss on today’s Dairy Radio :

FDA Looks to Modernize Food Standards of Identity

A public meeting is being held in Washington D.C. tomorrow, Sept. 27, 2019, to hear feedback on FDA’s effort to modernize food standards of identity. FDA is particularly interested in horizontal changes, to provide flexibility for manufacturers to develop healthier foods.  The dairy industry is warning the FDA to proceed with caution:

October Class I : $17.84

The Agriculture Department announced the October Federal Order Class I base milk price at $17.84 per hundredweight, down a penny from September but $1.51 above October 2018, and the highest October Class I since 2014. The price equates to $1.53 per gallon, up from $1.40 a year ago. The 2019 Class I average stands at $16.64, up from $14.76 a year ago and $16.41 in 2017. Courtesy: Mielke Market Weekly

Last Call For DMC Sign-up

With sign-up for the 2019 Dairy Margin Coverage program ending Friday, the National Milk Producers Federation urged all dairy farmers to enroll in the program, which guarantees a payout for producers that’s higher than program premiums in 2019. NMPF’s Chris Galen provides more info:

World Dairy Expo Fast Approaching

Serving as the meeting place of the global dairy industry, World Dairy Expo brings together the latest in dairy innovation and the best cattle in North America. Crowds of more than 65,000 people, from nearly 100 countries, will return to Madison, Wis. for the 53rd annual event, October 1-5, 2019. General Manager Scott Bentley gave Dairy Radio listeners a preview on today’s broadcast:

U.S. Cheese Prices Climb

Block Cheddar cheese hit the highest price in almost five years and is the highest priced cheese in the world. It closed “Friday the 13th” at $2.2050 per pound, up an astounding 20 3/4-cents on the week, the highest since October 22, 2014.  FC Stone dairy broker Dave Kurzawski explains why:

Adjusting to Trade War

Matt Gould, editor and analyst of the Dairy and Food Market Analyst newsletter, talked with Lee Mielke about this week’s July Dairy Products report and the latest U..S dairy export data:

Aug Class III Up a Nickel

The Agriculture Department announced the August Federal order Class III benchmark milk price at $17.60 per hundredweight, up a nickel from July, $2.65 above August 2018, and the highest Class III price since December 2014.

The 2019 Class III average stands at $15.83, up from $14.44 at this time a year ago and compares to $16.09 in 2017.

The August Class IV price is $16.74, down 16 cents from July but $2.11 above a year ago and the highest August Class IV since 2014. Its eight month average stands at $16.19, up from $13.85 a year ago and $15.46 in 2017.
Courtesy Mielke Market Weekly

Pro Farmer Tour Recap

Results from this year’s Pro Farmer Tour were made public on corn and soybean yields. FC Stone’s Dave Kurzawski talks with Lee Mielke about its message on dairy feed prices:

 

World Dairy Expo Approaching

World Dairy Expo is October 1-5, 2019 in Madison, Wisconsin. If you are entering cattle to compete on the legendary colored shavings, entry fees increase on Sunday, September 8 after 11:59 p.m. (CST). Electronic entries will remain open through September 19, with paper entries continuing to be accepted until the day of the show, both for an increased fee. Read More

Competing Against Imitators

Competition for the dairy industry is not new. Imitators were a challenge
years ago and plant based beverages are not the only foe dairy faces
today. Hoards Dairyman editor, Corey Geiger, talks with Lee Mielke about it on today’s Dairy Radio:


U.S. Dairy Needs Strong Deal With Japan

70 dairy companies sent a letter to the U.S. Trade Rep and Sec. of Ag asking the U.S. government to quickly finalize a strong trade deal with Japan in order to secure critical market access for the dairy industry here at home. Chris Galen of the National Milk Producers Federation tells us more:

Class I Down 4 Cents

The Agriculture Department announced the September Federal order Class I base milk price at $17.85 per hundredweight, down 4 cents from August but $3.00 above September 2018 and the highest September Class I since 2014. It equates to $1.53 per gallon, up from $1.28 a year ago. The nine month average stands at $16.51, up from $14.58 a year ago and $16.41 in 2017. Courtesy Mielke Market Weekly

Setting The Record Straight

There is a lot of misinformation thrown around these days, especially online. In Hype, Dr. Nina Shapiro distinguishes between the falsehoods and the evidence-backed truth. 

Dairy Industry Asks For Swift Deal with Japan

In a letter to the U.S. Trade Representative and the U.S. Secretary of Agriculture, the dairy industry is asking the U.S. government to capitalize on the conclusion of Japan’s national elections and quickly finalize a strong trade deal with Japan in order to secure critical market access for the dairy industry here at home. Read More