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U.S. Dairy Farmers Remain Dedicated to Healthy Cows

The national dairy FARM program (Farmers Assuring Responsible Management) works with dairy producers, processors and industry partners to demonstrate the highest standards on U.S. dairy farms. Dr. Jennifer Van Os from UW-Madison joined us on today's PDPW Producer...

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...

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:

China Trade Concerns

National Milk's Chris Galen joined us on our Policy Thursday to discuss theongoing trade war between the U.S. and China and the new Dairy Margin Coverage program:

African Swine Fever Strikes China

Matt Gould, analyst of the Dairy & Food Market Analyst newsletter joined us on today's Mielke Monday to update us on African swine fever in China and how it may impact the dairy industry.

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...

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...

Dairy’s Global Warming Claim Exaggerated

Dr. Frank Mitloehner, an air quality specialist from the University of California at Davis, dispels some myths on livestock's impact on air pollution.

China Import Update

FC Stone dairy broker Dave Kurzawski discusses China's latest importdata:

Prepare For Heat Stress

Warmer weather is in the forecast. Dr. Mike Hutjens joins us with important information on caring for animals during times of heat stress.

Oversupply, Trade Talks Affecting Dairy Markets

FC Stone’s Dave Kurzawski addressed the global markets on today’s Dairy Radio Now,  stating “A majority of the talk surrounding the recent and drastic sell-off on Cheese and Class III (futures) revolves around President Trump’s newly imposed tariffs on the likes of China and Mexico. However, putting the blame solely on the administration is a bit of a stretch.” “A larger issue at play here seems to be the current oversupply of barrels in the marketplace, which is not an abundantly exportable cheese.” 

Kurzawski admitted that, while the Mexican tariffs sent jitters throughout the market and are not good when trying to grow U.S. dairy exports, the reality is that those tariffs are only projected to effect a 4-5 cent reduction in the cheese price and not the 25-30 cents that we saw in the barrel market over the last couple weeks. “The seeds of this precipitous decline in the spot cheese market, particularly on the barrel side in the month of June, were sown probably a month or two ago,” he argued. Global dairy demand was great the first four to five months of 2018, he said, but in mid-May “the spigot was turned off, things calmed down, and the markets were of the mindset that we have enough milk for the time being. We had really good demand that was eating away at that milk, allowing us to make cheese, but now we have a lot of fresh cheese sitting out there and the phone stopped ringing.” 

“The sellers got really aggressive and said, we can bleed out slowly at $1.40 (per pound) or we can go down and try to find a bid and I think they found a bid at the low $1.20s,” he said, though he doesn’t believe prices will stay that low for long. Summer heat can change this in a hurry, he said, as can other factors like cows coming off rbST in key areas, labor issues, poor income-over-feed margins, and continued good global demand. “This is not 2009,” he concluded, “even though we can see a price on the spot barrel market that we haven’t seen since 2009.”

 

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