Dairy, omnibus ag bills signed on dairy farm

State Legislature

Governor Nixon signed the piece of legislation that, for the state’s dairy farmers, is called landmark.  Missouri Dairy Association Executive Director Dave Drennan says the Dairy Revitalization Act puts Missouri on the map, because no other state has such a law. “More importantly, I think it sends a strong signal to our dairy farmers, our… Read more »

Reports indicate TPA push to start next week

Reports out of Washington indicate that supporters of “fast-track” Trade Promotion Authority (TPA) plan to introduce a TPA bill in the Senate on April 13th, the day lawmakers return from their two-week recess. The Obama Administration is pushing for TPA, but faces strong opposition from Senators on both sides of the aisle.  Iowa U.S. Senator… Read more »

USDEC looks at European milk production

The U.S. Dairy Export Council (USDEC) recently released a report for its members outlining what European milk production will do now that the quotas have come off.  USDEC interviewed milk producers, processors and organizations in the six EU countries most likely to produce the most milk. The report says there will not be an immediate… Read more »

Congressional Dairy Farmer Caucus wants assurances

The leaders of the Congressional Dairy Farmer Caucus want to be sure dairy is treated fairly in any trade agreements.  In a letter signed by 75 House members to U.S. Trade Representative Michael Froman and U.S. Ag Secretary Tom Vilsack, the group stated Canadian and Japanese market barriers for dairy must be addressed in any Trans… Read more »

February cheese production up 5.4%

Cheese production in the United States totaled 884 million pounds in February up 3.9 percent from February of last year.  Italian-type cheese output was 5.4 percent above a year ago at 394 million pounds.  American-type cheese production increased 2.5 percent to 349 million pounds. Wisconsin cheese production totaled 226.2 million pounds in February up 5… Read more »

MFU lobby day timing a little off

As Missouri Farmers Union members gathered at the Capitol in Jefferson City today to lobby against proposed legislation they consider anti-family-farmer – the state legislature passed an omnibus ag bill the group does not like.  MFU President Richard Oswald says the broad ag bill has a provision making it easier for foreign entities to own land in… Read more »

Solid start to the week for cheese

Futures Markets copy

Cash cheese nudged a little higher on Monday with both barrels and blocks closing at $1.565 per pound.  Class III futures with some solid gains as indications are we are at the low for milk prices for this year.  The March Class III contract is at $15.52, April is at $15.58, July is over $16… Read more »

Fonterra says milk intakes will not be down that much

The New Zealand dairy giant Fonterra has revised its 2014-15 milk intake estimate. Previously the cooperative had predicted production would be 3.3 percent below last year but now they say it will be just 2 percent lower.  The increase reflects improved weather conditions on the drought-stricken South Island.  Fonterra also raised their estimate of the… Read more »

Fonterra reduces dividend

Continued difficult times for New Zealand dairy producers. Fonterra, the nation’s largest dairy cooperative reports net profit for the six months ending January 31st totaled $183 million down 16 percent from the same period a year ago.  As a result, the co-op kept its farmgate milk price at 4.70 per kilogram of milk solids but… Read more »

Farmer financial status going into spring

The downturn in milk prices has altered the cash flow for dairy producers going into spring planting. Larry Johnson with Greenstone Farm Credit says producers knew the downturn was coming and positioned themselves to withstand the cycle.  He says about 70 percent of their operators are in the Margin Protection Program.  He, like many, anticipates… Read more »