Dairy News
Ruling means Canada is not obligated to make further changes to its tariff-rate quotas.
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Weekly Digest: WOTUS will stay in news, courts in 2024
Amended complaints challenge the revised WOTUS rule on a number of grounds, including failure to include a comment period when the new rule was to be implemented.
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Economic Update: Ag loan interest rates nearing 9%
October’s Dairy Margin Coverage (DMC) program margin will be announced next week.
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Milk production decreases in USDA October estimates
The U.S. dairy herd is the smallest since January 2022, pulling October 2023 U.S. milk production down 0.5% from a year earlier.
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House bill passage paves way for farm bill, DMC extension
Bill contains special provisions for dairy producers.
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October FMMO uniform prices mixed as Class IV pooling dips
Class IV pooling volume, percentage were second-lowest in past two years.
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U.S. ag trade balance deficit deepens
Despite record shipments of whey protein concentrate and a rebound in U.S. cheese exports, year-over-year U.S. dairy exports fell again in September.
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Budget plan extends farm bill into 2024
Plan would roll Supplemental Dairy Margin Coverage program into regular DMC.
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Year-to-date 2023 DMC payments top $1.27 billion
Latest funding proposal extends program through 2024.
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USDA outlook sees slower-than-expected growth in milk production
Recent gains in butter and nonfat dry milk prices have eroded more rapidly than previously expected.
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