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Milk Production Ramifications

We saw a pretty bearish October Milk Production report last week. HighGround Dairy's Lucas Fuess talks about the ramifications with Lee Mielke on today's Dairy Radio Now:

Feed Outlook

Dr. Mike Hutjens provides the latest feed outlook:

Class I Up $1.83

The Agriculture Department announced the December Federal order Class I base milk price at $19.87 per hundredweight, up $1.83 from November, the highest Class I price since December 2014, and 54 cents above December 2019. That put the 2020 Class I average at $16.91,...

Winter Ventilation Tips

Just because we are entering the cold winter months doesn't mean to reduce the ventilation exchange rates in your barn. Dr. Ryan Leiterman from Crystal Creek tells us more:

Preparing For Transition

Dan Basse, President of AgResource Company updated Dairy Signal viewers on how the dairy industry is dealing with the global pandemic and government leadership transition.

Cheese Prices Falling, Feed Prices Rising

Cheese prices are falling and will pull milk prices lower but feed prices are rising. StoneX dairy broker, Dave Kurzawski, says last week's World Agricultural Supply and Demand Estimates report shows record corn exports and smaller crops. He talks with Lee Mielke...

Margin Coverage Update

Dr. Mike Hutjens tells us about the safety nets offered to dairy producers as we close out 2020.

Election Recap & DMC Reminder

National Milk's Chris Galen joined us with an update from our nation's capital:

Thank You Rep. Peterson

A big “Thank you” to Minnesota Democrat Collin Peterson, ranking member of the House Agriculture Committee, who was defeated in his re-election bid. Hoards Dairyman’s Corey Geiger called Peterson a “champion for agriculture.”

Milk Price Up $5.18

The U.S. benchmark Class III milk price pole vaulted $5.18, to $21.61 per hundredweight, highest October price since 2014, with more to come, thanks in large part to Uncle Sam’s Farmers to Families Food Box program. The November Class III futures settled Wednesday at...

New Tools To Manage Market Volatility

Carl Babler, Principal with Atten Babler Commodities, joined us on today’s broadcast to discuss market volatility. Babler is presenting a webinar, “Market Management: New tools to manage market volatility,” presented by the PDPW World Class Webinars:  The webinar will be held on Wed., Oct. 24 from 12:00-1:00 p.m. CT.

Babler is an expert in the futures industry and broker, educator, and hedger. He will help break down the options of Dairy Revenue Protection insurance and talk through available price, revenue and margin-protection programs offered by the USDA. Gain clarity and grasp the basics of Dairy-RP as Babler outlines strategies to use this insurance effectively and immediately.

 

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