Without approval in the 2023 Farm Bill, the Dairy Margin Coverage program expires at the end of the year.

Milk checks for September production will again reflect stronger protein and Class III milk prices. That will change on October production, with struggling cheese prices weakening the Class III price and widening the Class III-IV price spread, adding substantial Class IV depooling incentives.

I have long been an advocate for self-care. Now, with the unique challenges our world faces, it’s more important than ever. You may be wondering, “What is self-care, anyways?”

Young farm families have many expectations to manage as they work on farms as employees, raise small children and juggle time for off-farm revenue. One of the best ways to have less stress about compensation from the farm is to figure out what you need for personal family living expenses.

With a federal government shutdown possible, October’s dairy risk management calendar has the potential to be scarier than Halloween.

While you can’t predict the future, financial benchmarking is a way dairy farmers can review concrete information about their operations – and how they compare to others in the industry – year after year. 

The Federal Reserve Board’s Federal Open Market Committee (FOMC) voted to maintain the interest rate for federal funds at 5.5%.