Dairy News - Articles - Page 37

Mideast: Financial picture has an undercurrent

With ample water, the region has many advantages, creating opportunities for growth. Building on those strengths will require industry partnerships that can produce value and increase markets.

March 1, 2023

Dave Natzke

Beyond sharing Great Lakes’ shorelines, dairy producers in Indiana, Michigan and Ohio have a lot in common. Most were aided by the wave of higher milk prices in 2022, putting them in their best financial positions in years.

2023 State of Dairy

The economic state of U.S. dairy: 2023 will differ from 2022

2023 will be different from 2022, particularly from a dairy farmer financial perspective. It will put further emphasis on the critical importance of producers making the fullest use of available risk management tools.

March 1, 2023

Peter Vitaliano

Production growth, dairy price inflation and the strength of exports will be key features of the 2023 dairy producer financial picture.

Southeast: The future hinges on marketing changes

The continuing decline in fluid milk sales creates challenges for producers and processors alike. That’s amplified by higher costs and tight labor supplies, leading to fewer markets and lower production.

March 1, 2023

Dave Natzke

Milk produced and marketed in the 11 states in the southeastern U.S. is pooled on the Appalachian, Southeast and Florida Federal Milk Marketing Orders (FMMOs).

January DMC margin falls to $7.94 per cwt

The January 2023 indemnity payments are the first in what looks to be a long-term trend.

February 28, 2023

Dave Natzke

The USDA released its latest Ag Prices report on Feb. 28, including factors used to calculate January 2023 DMC margins and indemnity payments.

Weekly Digest: DAIRY PRIDE Act would nullify FDA ‘milk’ labeling draft guidance

Here is a brief look at the news affecting dairy producers for the week of Feb. 26-March 4, 2023.

February 28, 2023

Dave Natzke

Following the U.S. Food and Drug Administration’s (FDA) proposed guidance allowing plant-based beverages to use "milk” in labels and marketing, multiple dairy state lawmakers have introduced a bill to nullify it.

Environmental regulation, study have mounting consequences

Here’s an update on some of the key regulatory issues advancing in the first quarter of 2023.

February 27, 2023

Alan Hahn

Differing views on the best way to govern often become apparent as policies are developed and implemented. That’s the case when it comes to environmental regulations affecting agricultural producers.

Economic update: March 2023 Class I base price dips below $19

It’s the end of the month, with lots of numbers to digest and even more to come. Here’s an update of those impacting your dairy income as February came to a close.

February 27, 2023

Dave Natzke

March 2023’s Federal Milk Marketing Order (FMMO) advanced Class I base price moved lower, falling below $19 per hundredweight for the first time since November 2021.