Net farm income down 21 percent

USDA says U.S. net farm income for 2014 will be down 21 percent from last year, dropping from 123 billion to 97 billion dollars. Higher production expenses are the main driver of the drop in net farm income. Total production expenses are forecast to increase almost six percent in 2014 extending a four-year upward trend… Read more »

The significant drop in Chinese dairy imports

A report from HighGround Dairy points out how much China has pulled-back on dairy imports. Citing Chinese Customs data from October: whole milk powder imports were down nearly 85 million pounds or 72 percent, skim milk powder imports are 13 million pounds or 27.5 percent lower, whey products imports are down 14 percent from a… Read more »

Fairlife will be on store shelves in December

Coca-Cola says it will have its new “Fairlife” milk product on store shelves nationally in December. Developed by Mike and Sue McCloskey of Fair Oaks Farms, the milk is filtered into five components then recombined in different proportions. Fairlife doesn’t have any lactose, has 50 percent more protein, 30 percent more calcium and 30 percent… Read more »

Agriculture needs to push Congress on immigration

Once the initial positioning and grandstanding dies-down, many in agriculture hope President Obama’s executive action on immigration will eventually lead to Congress taking action. Chris Galen is senior vice-president of the National Milk Producers Foundation, he says the fact that there was nothing specific for agriculture in the President’s plan means those in agriculture will… Read more »

Fuel Up to Play 60 endorsed by Indiana DOE

The Fuel Up to Play 60 program gets a big endorsement in Indiana.  Earlier this week the Indiana Department of Education named Fuel Up to Play 60 the top in-school health and wellness program in the state. Indiana Superintendent of Public Instruction Glenda Ritz says the partnership between the Department of Education, Indiana Dairy and… Read more »

DFA and Chinese company to build dairy plant

Reports say Dairy Farmers of America and China’s Inner Mongolia Yili Industrial Group are teaming-up to build a $100 million milk powder plant in Kansas. Citing a filing on the Shanghai Stock Exchange, the Wall Street Journal says DFA will spend $70 million with Yili putting up $30 million.  The plant would produce around 88,000… Read more »

Largest U.S. dairy herd since 2009

Milk production in the United States in October totaled 17.1 billion pounds up 3.8 percent from October of last year. This is on top of a 4.2 percent increase in September.  Production per cow in October increased 52 pounds to average 1,842.  U.S. dairy farmers added 77,000 cows to make the herd 9.28 million head,… Read more »

SDSU wins dairy products judging

The South Dakota State University Dairy Products Judging Team has won first place – again – at the Collegiate Dairy Products Evaluation Contest. This is the seventh year in a row for SDSU to take the win at the contest, held at Northern Illinois University. SDSU has won the national championship 22 of the last… Read more »

Illinois group sees opportunity in Cuba

The head of the Illinois Cuba Working Group, established by the Illinois legislature, sees an opening for lifting of the U.S. trade barrier with Cuba, helping to increase U.S. agricultural exports there. Paul Johnson, executive director of the group and president of Chicago Foods International, says the new Republican majority in the U.S. Senate could help,… Read more »

Dean Foods reports third quarter

Dean Foods reports an operating loss of $1 million for the quarter ending September 30th compared to an operating income of $23 million for the third quarter last year.  Adjusted operating income for the quarter was $10 million compared to $42 million in 2013.  Net sales for the third quarter were $2.4 billion compared to… Read more »