(NMPF) — The recent upsurge in dairy prices is forcefully showing up in data, with many of the most recently announced and reported key milk and dairy prices achieving their highest prices in nearly five years. The September U.S. average all-milk price was the highest since December 2014, as was the October AMS survey price of non-fat dry milk and …
Dairy Margin Coverage Program Enrollment Deadline Nearing
Here is a reminder for dairy producers that enrollment in the Dairy Margin Coverage (DMC) for calendar year 2020 ends Dec. 13. The DMC program offers reasonably priced protection to dairy producers when the difference between the all-milk price and the average feed cost (the margin) falls below a certain dollar amount selected by the producer. Producers who want 2020 coverage, even …
Thanksgiving Dinner Cost Rises Only a Penny
(AFBF) — The American Farm Bureau Federation’s 34th annual survey of classic items found on the Thanksgiving Day dinner table indicates the average cost of this year’s feast for 10 is $48.91, or less than $5.00 per person. This is a 1-cent increase from last year’s average of $48.90. “The average cost of this year’s Thanksgiving dinner is essentially unchanged …
A Brighter Picture of Dairy Markets Here and Abroad
Dairy producers are receiving higher prices these days due to increased consumption both in our country and around the world. And according to a story from Rod Bain, that’s due in part to increased promotion. Sponsored ContentFlorida Cattle Enhancement Board Provides Funding to Enhance Brahman GeneticsMay 15, 2026Florida Cattle Enhancement Board Provides Production ResearchMay 8, 2026Florida Cattle Enhancement Board Provides …
America’s Largest Milk Producer Files for Bankruptcy
(NAFB) — Dean Foods, a 94-year-old milk producer, is filing for bankruptcy. The largest milk producer in the country is struggling as Americans are no longer drinking as much milk from cows. This year has been especially difficult as company sales dropped seven percent in the first half of this year, with profits falling 14 percent. A CNN Dot Com …
2020 Enrollment for DMC Program Continues
Dairy producers are being reminded the enrollment period for the Dairy Margin Coverage (DMC) for 2020 continues. The DMC program offers reasonably priced protection to dairy producers when the difference between the all-milk price and the average feed cost (the margin) falls below a certain dollar amount selected by the producer. The deadline to enroll in DMC for 2020 is Dec. 13, …
Farmers Face Choices in 2020 DMC Signup
With farmers receiving a $300 million financial boost via the 2019 Dairy Margin Coverage (DMC) program, signup is now underway for the 2020 program. But every year is different. National Milk Producers Federation (NMPF) Senior Vice President for Member Services and Strategic Initiatives, Chris Galen, said farmers should be paying attention to prices, production histories and financial priorities as they …
Enrollment Underway for 2020 Dairy Margin Coverage Program
Dairy producers are being reminded they can enroll now in the Dairy Margin Coverage (DMC) program for calendar year 2020. The DMC program offers reasonably priced protection to producers when the difference between the all-milk price and the average feed cost (the margin) falls below a certain dollar amount selected by the producer. Dairy farmers earned more than $300 million dollars from …
Producers Invited to Attend Education Meetings
The University of Georgia Cooperative Extension agricultural economists and the U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) will jointly hold producer meetings throughout Georgia October 8-11. The meetings will address three major government support programs including disaster assistance, trade assistance and farm safety-net programs. Tyron Spearman has more details. Below are the meeting dates, times and locations: Oct. …
USDA Opens 2020 Enrollment for Dairy Margin Coverage Program
Enrollment Ends Dec. 13, 2019 WASHINGTON (USDA/FSA-Oct. 7, 2019) — Dairy producers can now enroll in the Dairy Margin Coverage (DMC) for calendar year 2020. USDA’s Farm Service Agency (FSA) opened signup for the program that helps producers manage economic risk brought on by milk price and feed cost disparities. “We know it’s tough out there for American farmers, including …