June 17, 2013 — According to Ag Secretary Tom Vilsack, the dairy industry is the model of how to approach sustainability. That’s why a $10 million grant was awarded to help the cause. Tom Gallagher, CEO of Dairy Management, Inc and the Innovation Center for U.S. Dairy joined us on DairyLine’s DMI update Monday to discuss.
June 14, 2013 — While volatility and uncertainty are words frequently associated with dairy farming, USDA’s latest dairy outlook projects steady milk production well into 2014. DairyBusiness Update’s Dave Natzke joined us on Friday’s DairyLine to discuss:
June 13, 2013 — The U.S. Senate appears to be getting its act together on two key pieces of legislation that will impact the dairy industry. Now it’s the House of Representatives turn. National Milk’s Chris Galen joined us on Thursday’s DairyLine to discuss.
June 12, 2013 — Polly Ruhland, CEO of the Cattlemen’s Beef Board explains why beef is still a value for consumers.
June 11, 2013 — Brian Gould is professor at the Dept. of Ag and Applied Economics at the University of Wisconsin-Madison. He looks ahead at the difference in mailbox prices between California and Wisconsin. Listen to the podcast below and view his website here: http://future.aae.wisc.edu/index.html
Brian Gould
June 10, 2013 — Tom Gallagher, CEO for the Innovation Center For U.S. Dairy joins us on “Monday’s DMI Update”:
June 7, 2013 — Recent media reports have told us that acid whey, a byproduct of yogurt production, presents a unique danger to human health or the environment. Andrew Novakovic is a professor in the College of Agriculture and Life Science’s Dyson School of Applied Economics and Management, whose research focuses on the U.S. Dairy industry. He shares his research in this DairyBusiness Radio podcast.
June 6- 2013 — The U.S. Senate voted to move forward on a five-year farm bill Thursday. A procedural vote will set up a vote to pass the measure next Monday. Last year the Senate also voted on the farm bill but the House did not take it up. This year it is expected the House will vote on the bill, possibly this month.
“The Senate deserves the sincere thanks of dairy farmers nationwide for its overwhelming majority vote today to end debate on the 2013 Farm Bill,” Jerry Kozak, CEO of the National Milk Producers Federation stated. “The decision to invoke cloture clears the way for approval of a much-needed reform of the federal dairy program when the Senate votes on final passage of the Farm Bill expected early next week.”
“Dairy farmers have been waiting two years for Congress to approve the new dairy program. Thanks to today’s vote, they can look forward to the end of price supports and other Depression-era programs and the launch of a new plan that will insure them against losses when profit margins shrink to dangerous levels. This fight is not over, but a brighter future is in sight,” Kozak said.
The National Corn Growers Association had similar reaction. President Pam Johnson released the following statement:
“The National Corn Growers Association is pleased to see the cloture vote on the farm bill received 75 votes, well over the 60 votes necessary to move the legislation forward. However, there is still important work that needs to be done. We urge the Senate to quickly take action and vote to pass the legislation.”
NCGA was one of the one hundred twenty farm and conservation groups that sent a letter to all senators yesterday urging them to vote for cloture on the farm bill. Use the link below to read the letter:
June 6, 2013 — In celebration of June Dairy Month, efforts by the National Milk Producers Federation (NMPF) to revitalize the REAL® Seal are taking a big leap forward this month. A new campaign is being launched that allows consumers to learn more about the benefits of real, American-made dairy products and foods made with them, using a new Facebook page, blogger outreach, and digital advertising. National Milk’s Chris Galen talked about it on Thursday’s DairyLine Radio program.
June 5, 2013 — June Dairy Month starts with a nice 93-cent increase in the May Federal order Class III benchmark milk price, announced this afternoon by USDA at $18.52 per hundredweight (cwt.). It is $3.29 above May 2012, equates to about $1.59 per gallon, and is $1.32 above the comparable California 4b cheese milk price despite the temporary price increase mandated by the California Department of Food and Agriculture, which ends with the May prices. The 2013 Class III price average now stands at $17.69, up from $15.96 at this time a year ago, $16.65 in 2011, and $13.57 in 2010.
Looking ahead, the June Class III futures contract settled today at $18.03; July, $18.55; August, $18.92; with the peak at $19.02 for September.
The May Class IV price is $18.89, up 79 cents from April and $5.34 above a year ago. It’s 2013 average now stands at $18.02, up from $15.24 a year ago, and compares to $18.86 in 2011, and $13.74 in 2010.
The AMS-surveyed U.S. average cheese price used in the May calculation was $1.8274 per pound, up 9.6 cents from April. Butter averaged $1.6483, down 2.8 cents. Nonfat dry milk averaged $1.6374,up 10.6 cents, and dry whey averaged 57.65 cents, up fractionally from April.
Courtesy the Mielke Market Weekly
