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DMC Deadline Extended One Week

The U.S. Department of Agriculture (USDA) extended the deadline to September 27 for dairy producers to enroll in the Dairy Margin Coverage (DMC) program for 2019. The deadline had been September 20.

Visiting Chinese Dairy Farms

Dr. Mike Hutjens toured four dairy farms in China recently. He joined us on today's Dairy Radio to share his thoughts and observations:

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...

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...

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...

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...

High Moisture Corn

Dr. Mike Hutjens provides great information on the upcoming harvest season and managing high moisture corn:

Vilsack Optimistic After China, Japan Trip

Returning from a whirlwind seven-day trip to China and Japan, USDEC President and CEO Tom Vilsack said he is optimistic about the long-term health of U.S. dairy exports despite challenges caused by current trade disputes:

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,...

Latest Moos

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

Silage Safety 101

Keith “The Silage Man” Bolsen is going global with silage safety. Learn more about his non-profit foundation and his goal to save lives.

Common Farm Safety Mistakes

Melissa Ploeckelman, Outreach specialist with the National Farm Medicine Center gives Dairy Radio listeners a refresher course in farm safety:

Eye on China

 June trade data is indicative of China’s continuing increase of dairy imports, unfortunately it is of small benefit to U.S. dairy farmers, according to Lucas Fuess, director of dairy market intelligence with HighGround Dairy in Chicago:

       

August Class I Up 71 Cents

The Agriculture Department announced the August Federal Order Class I base milk price at $17.89 per hundredweight, up 71 cents from July, $3.74 above August 2018, and the highest Class I price since January 2015’s $18.58. It equates to $1.54 per gallon, up from $1.22 a year ago. The 2019 Class I average stands at $16.34, up from $14.54 a year ago and 3 cents shy of 2017’s average.

Prevented Planting Update

Prevented planting is the failure to plant an insured crop with the proper equipment by the final planting date or during the late planting period.  Dr. Mike Hutjens tells us more on this week’s Feed Forum Friday:

CWT Update

CWT continues to post strong numbers by assisting member cooperatives in securing contracts to sell dairy products to places like Asia, Central America, the Middle East, Oceania and South America. National Milk’s Chris Galen gives us an update on today’s Dairy Radio:

Encouraging Milk Prices

Encouraging milk prices starts with the supply, according to Matt Gould, analyst and editor of the Dairy and Food Market Analyst newsletter. While he does see higher feed prices ahead due to weather conditions affecting crops in the Midwest, he doesn’t see that as being catastrophic. 

Class III Milk Price Jumps To Yearly High

The Agriculture Department’s monthly benchmark milk price has reached the highest level in over a year and a half. The May Federal order Class III price was announced at $16.38 per hundredweight, up 42 cents from April, $1.20 above May 2018, and the highest Class III price since November 2017.

It equates to $1.41 per gallon, up from $1.37 in April and $1.31 a year ago. The year to date Class III average stands at $15.05, up from $14.25 a year ago and compares to $16.05 in 2017. By the way; California’s 4b cheese milk price was $14.90 in May 2018.

The May Class IV price is $16.29, up 57 cents from April, $1.72 above a year ago, and the highest it has been since August 2017. Its five month average stands at $15.81, up from $13.42 a year ago and compares to $14.92 in 2017.
Courtesy: Mielke Market Weekly

Cow Numbers Continue to Decline

Market analyst Jerry Dryer said he expects U.S. cow numbers to continue to decline and looks for milk output to fall below a year, possibly even in April from revisions we will see next month. Listen here:

Farmers Get Trade Package Relief

From National Milk Producers Federation President and CEO Jim Mulhern:

“Dairy farmers have been harmed substantially by disrupted markets. We know that USDA is concerned about the damage being done to dairy farmers by ongoing tariff battles. We hope it will use the full range of tools available to provide a large segment of the payment in the first tranche to appropriately assist milk producers who have experienced a prolonged downturn in prices because of these conflicts,” he said. “We appreciate USDA’s concern for dairy’s needs, and we look forward to working with USDA, Congress and the White House as the department further develops its plans.”

NMPF estimates that producers have lost at least $2.3 billion in revenues through March due to higher tariffs against U.S. dairy, which has lowered milk prices for all producers.

June Dairy Month Is Not Fake

Hoards Dairyman managing editor Corey Geiger echoes our belief that June Dairy Month is not fake milk month. A growing number of consumers believe drinking a beverage from a plant is more beneficial than what comes from a cow. Geiger tells us if consumers really knew the whole story, they probably wouldn’t be drinking fake milk.

Corkscrew Claw Syndrome

Hoof health is our topic this week with Dr. Mike Hutjens, retired dairy extension specialist from the University of Illinois. He tells us about a UW-Madison study that examines a hoof condition in young heifers:

Improving Animal Welfare

The U.S. dairy industry continues to evolve by using best management practices to care for their animals. Dr. Jennifer Van Os, assistant professor of dairy science at UW-Madison, joined us on PDPW’s Producer Tuesday to tell us about understanding and improving the welfare of dairy animals from a biological perspective. 

MPP Refunds Available

USDA’s Farm Service Agency (FSA) announced that dairy producers who had coverage under the Margin Protection Program for Dairy (MPP-Dairy), which provided payments to producers when the price of milk fell below the feed costs to produce it, are eligible to receive a repayment for part of the premiums paid into the program. Read more from USDA site.

              

DMC Signup Info


The National Milk Producers Federation continues to encourage farmers to prepare for Dairy Margin Coverage signup, scheduled to begin June 17. The USDA’s decision tool, designed to help farmers determine their appropriate coverage level, is now online here. Later this week, letters will be sent to producers informing them of their premium refunds under the previous Margin Protection Program. NMPF’s Chris Galen tells us more:

Update On Direct-Fed Microbials

Live bacteria can benefit your dairy animal. Today we learn about direct-fed microbials or DFM’s, particularly for calves on liquid milk replacer. Dr. Mike Hutjens tells us the different types and benefits of DFM’s on today’s Feed Forum Friday:

Staffers Briefed On Dairy Issues

Bob Gray, executive director of Northeast Dairy Farmers Cooperatives, is briefing agriculture committee staffers on important dairy issues. He tells us more on today’s Dairy Radio:

Selling The Farm? Maximize Every Acre

Choosing the right service and auction structure specific to your property is the key to selling for value. Joe Gizdic, president of Ranch & Farm Auctions joined us on today’s Dairy Radio to explain how their service enables rural land buyers to bid concurrently live onsite, live online and by phone-in bidding in real time in all 50 states.

Focus On Health & Well Being

Just like big city stress – dairy producers have a lot on their shoulders  Dr. Josie Rudolphi, Associate Research Scientist with the National Farm Medicine Center joined us to spotlight the resources available and what Congress is doing to put farmers first.

This is the second part of our interview with Dr. Rudolphi, brought to you by the PDPW, dairy’s professional development organization.

 

DMC Is Timely

Safety nets have been a part of dairy’s financial landscape for many years but the net has changed since the old price support program and keeps changing. Hoard’s Dairyman managing editor Corey Geiger talked about the new Dairy Margin Coverage on today’s Dairy Radio Now broadcast:

Will Spring Flush Affect Cheese Prices?

Jerry Dryer, analyst and consultant with JDG Consulting, says cheese prices popped higher earlier than he expected this spring, although he warns the price could slip due to the spring flush, which USDA says is occurring in parts of the West and Southern Central regions. Listen here:

Vilsack Bullish On Dairy Exports

Tom Vilsack, President and CEO of the U.S Dairy Export Council updates Dairy Radio listeners on an initiative that hopes to build U.S. dairy export volume from 15 to 20 percent. The former ag secretary spoke at today’s Oregon Dairy Industries Conference in Salem, Oregon.