NMPF April Dairy Market Report

Lizzy Schultz Leave a Comment

This month’s Dairy Market Report from the National Milk Producers Federation (NMPF) shows that developments made during the first part of April brought slight improvements in the outlook for milk prices, but also highlighted several indications that milk production will be coming off its near flat growth pattern of the past several months, which may cast a shadow over the …

Ag Group, Dairy, Dairy Group, economics, Markets, National Milk

NCBA Hosting Webinar on Beef Trade

Lizzy Schultz Leave a Comment

As trade issues become increasingly prevalent in headlines throughout both the agricultural media and the popular press’ coverage of the current election season, the National Cattlemen’s Beef Association (NCBA) will be hosting a webinar on international trade beef trade. The webinar will take place May 12, 2016, at 7:00 pm CST. Trade has long been an important component of the …

Ag Group, Beef, Cattle, economics, International, Markets, NCBA, Trade

NMPF Economist Talks Impact of Declining Milk Prices

Lizzy Schultz

Since the record highs of 2014, when milk was priced at well above 25 dollars per cwt, U.S. milk production has continued to grow at record numbers, and the USDA has projected that a record 212 billion pounds of milk will be produced in the U.S. in 2016. The demand, however, has begun to slow, and this new dynamic of …

Ag Group, Audio, Dairy, economics, Export, Export, International, Markets, Milk, National Milk, Trade

NMPF March Dairy Market Report

Lizzy Schultz

The National Milk Producer’s Federation (NMPF) March Dairy Market Report notes that while domestic use of milk continues to outpace production, prolonged weakness in world dairy markets is weighing more heavily on U.S. milk prices, particularly the price of skim solids. Production of the major dairy commodities is continuing to increase faster than milk output, with the exception of the …

Ag Group, Agribusiness, Dairy, economics, Export, Export, Markets, National Milk

WI Dairy Farmers Question Trump On #FarmLabor

Lizzy Schultz

Many Presidential candidates are spending a significant amount of time in Wisconsin this week in anticipation of the state’s presidential primary next week, including Republican presidential candidate Donald Trump, and the Wisconsin dairy community used the many political events as an opportunity to help the candidate understand the incredibly important role that immigrant labor plays in the Wisconsin agricultural sector …

Ag Group, Agribusiness, Dairy, Dairy Business, dairy farming, economics, Farming, Labor, Policy, politics

Animal Ag Supports National Economy

Lizzy Schultz

A new soy-checkoff-funded study has found that animal agriculture plays a signifiant role in the support of the nation’s economy. The analysis shows animal ag, U.S. soy’s top end user, increased gross national product by $123 billion in economic output, improved household earnings by over $21 billion and added 645,629 jobs from 2004-2014. According to the Economic Analysis of Animal …

Ag Group, economics, Farming, Livestock, Production, Research, soybeans

Rabobank Quarterly Report on South American Beef Exports

Jamie Johansen

Rabobank Food and Agribusiness Research (FAR) and Advisory group have released a new report on their “Beef Quarterly Q1 2016: South American Exports to Rise.” The report finds South America’s beef exporters are set to increase exports by an estimated 11% in 2016. This increase is supported by favorable currency values, improved access to importing countries and increased availability of …

Agribusiness, Beef, economics, Export, Markets, Price

USMEF Reports on Peruvian Exports

Lizzy Schultz

This week’s Weekly Audio Report from the U.S. Meat Export Federation (USMEF) discusses the recent announcement from USDA that Peru has lifted all remaining BSE-related restrictions and granted full market access for U.S. beef. In the Report, Senior Vice President for Global Marketing Dan Halstrom explains that Peru is already a well-established destination for U.S. beef exports, and that allowing …

Ag Group, Audio, Beef, economics, Export, Export, International, Meat, Trade, usda, USMEF

DFA Reports 2015 Financial Results

Lizzy Schultz

At the Annual Meeting held this week, Dairy Farmers of America (DFA) officials reported a net income of $94.1 million. The value is a significant increase from the Cooperative’s $43.1 million income in 2014, and is attributable to strong performances from DFA’s commercial operations and affiliates. DFA’s 2015 net sales totaled $13.8 billion, compared to $17.9 billion in 2014. Low …

Ag Group, Agribusiness, Dairy, Dairy Business, DFA, economics, Finance, Marketing

Pork Checkoff Presser on Hog and Pig Report

Lizzy Schultz

The Pork Checkoff hosted a news media conference call following the USDA’s Quarterly Hogs and Pigs Report on Friday, March 25, 2016. Three distinguished agricultural economists: Dr. Scott Brown, Extension Livestock Economist, the University of Missouri, Dr. Lee Schultz, Livestock Economist, Iowa State University, and Altin Kalo, Senior Analyst, Steiner Consulting Group, were on hand to give their reactions to …

Ag Group, Audio, economics, Markets, Pork, Pork Checkoff, Swine, usda