USDA’s Farm Service Agency (FSA) announced that dairy producers who had coverage under the Margin Protection Program for Dairy (MPP-Dairy), which provided payments to producers when the price of milk fell below the feed costs to produce it, are eligible to receive a repayment for part of the premiums paid into the program. To be eligible for this repayment, which …
Advanced Dairy Margin Coverage Producer Info
Although dairy producers can sign up for a new Farm Bill dairy margin coverage program in June, the application of coverage through all of 2019 gives growers valuable information in making their sign-up decision. Rod Bain reports.
Dairy Help is On the Way
U.S. Agriculture Secretary Sonny Perdue, during a recent stop, said help for dairy farmers is on the way. Stephanie Ho has the story.
First 2019 Dairy Safety Net Payment Triggered
Enrollment Expected to Begin this Summer The U.S. Department of Agriculture’s Farm Service Agency (FSA) announced this week that the January 2019 income over feed cost margin was $7.99 per hundredweight, triggering the first payment for eligible dairy producers who purchase the appropriate level of coverage under the new but yet-to-be established Dairy Margin Coverage (DMC) program. DMC, which replaces …
Dairy Producers Cutting Herd Size, but not Production
Financial stress is causing many dairy operators to cut the number of cows in their herds, but what will happen to milk output? Gary Crawford has the story.
Will New Farm Bill Dairy Program Improve the Struggling Dairy Sector?
Some wonder if the new dairy program through the 2018 Farm Bill will relieve some of the stress in the dairy industry. Gary Crawford has a story that provides more information about the new Dairy Margin Coverage Program (DMCP), which replaces the Margin Protection Program (MPP).
Adjustments in Meat Production and Price Estimates
What were some of the reasons behind changes in USDA’s latest outlooks for meat production and prices? Rod Bain has a story that answers that question. World Agricultural Outlook Board Chair Seth Meyer discusses USDA’s latest look at dairy production and price estimates.
U.S. Dairy Industry Supports Changes to Section 232 Process
The U.S. dairy industry endorsed bipartisan, bicameral legislation to reform a powerful White House trade tool to ensure it is used as intended by Congress to respond to genuine national security threats. Rolling back current retaliatory tariffs and keeping others from forming in the future is the dairy industry’s top trade priority. America currently sends 16 percent of its dairy …
Dairy Industry Research Shows Consumers Thoughts on Plant-Based Milk Imitators
New consumer research supported by the dairy industry shows Americans widely disapprove of dairy terms being used by fake-milk producers, as well as confusion on the nutritional content of milk versus plant-based imitators. The national survey conducted by a global market research and consulting firm, found only 20 percent of all consumers said plant-based beverages should be labeled milk, as …
Louis Dreyfus to Exit Dairy Business
Louis Dreyfus Company this week announced it would exit its small dairy business as part of an overhaul to revive growth at the agriculture commodity company. The dairy unit represents for roughly one percent of the company’s revenue in 2018, and was previously earmarked as a unit to be sold. The company says the exit will have “practically no impact” …