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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...

Managing Waste Milk

Dr. Mike Hutjens provides tips on handling and feeding waste milk on the farm:

Dairy Startups Compete

Milk-based beverages for active kids and ready-to-drink lattes with collagen are among the nine finalists announced today in the California Milk Advisory Board’s (CMAB) Real California Milk Accelerator dairy startup competition designed to inspire ideas...

Rural Energy Savings

Jessica Mlsna, dairy energy specialist with Focus on Energy, wrapped up our three-part segment on the Focus on Energy's role in helping dairy farmers in Wisconsin.

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.

Feeding Cows in 2020

Dr. Mike Hutjens joined us on today's Dairy Radio to look at the feed situation for the last quarter of 2019 and what is in store for 2020:

Joint Annual Meeting Fast Approaching

Chris Galen from the National Milk Producers Federation joined us on today's Dairy Radio to preview the upcoming joint annual meeting with the National Dairy Promotion and Research Board (NDB) and the United Dairy Industry Association (UDIA). Nov. 4-6, 2019- more info

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...

‘Tis The Season To Control Air Flow

Fall is an excellent time to review how your calf barn is properly ventilated, especially with colder temperatures upon us. Dr. Ryan Leiterman of Crystal Creek reminds us that shutting everything down is not the answer, but rather controlling the barn's air flow...

Reducing Energy Waste Has Benefits

Many farms, homes and businesses are benefiting from reducing energy waste by partnering with Wisconsin utilities. Part two with Jessica Mlsna, dairy energy specialist with Focus on Energy:

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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