In this week's news, the FDA plans to test raw cow’s milk cheese nationwide for HPAI, January FSA interest rates continue to rise, the USDA provides more than $8 million in second round of payments to help organic dairy producers, and Saputo's COO steps down after three months.

Here’s an update on interest rates from quarter three of 2024 as reported by Federal Reserve districts that share data impacting dairy finances.

• Requirement for electronic ID tags now in effect
• Utah becomes 15th state with HPAI in dairy, following mandatory surveillance
• GDT index up 4.8%
• November FSA interest rates continue to low
• Farmer sentiment bounced back in October

In the Economic Update, we look at the expiration of the 2018 Farm Bill, the latest GDT trade event results, FSA interest rates for October and a weakening farmer sentiment.

Here’s an update on interest rates from quarter two of 2024 as reported by Federal Reserve districts that share data impacting dairy finances.

In economic news this week: U.S. exporters’ secure rights to use common food names in Chilean market. Global dairy trade, FSA interest rates and farmer sentiment shift downward, and the USDA launched an online debt consolidation tool.