This Month’s Dairy Market Report

Lizzy Schultz Leave a Comment

This month’s Dairy Market Report from the National Milk Producers Federation (NMPF) shows that increased production per cow and expectations for additional milk production growth has dampened the outlook for milk prices for the remainder of 2016. The report also finds that rising inventories have placed pressure on pot market prices for Cheddar cheese. The pressure will soon be reflected …

Ag Group, Dairy, Dairy Business, economics, Markets, Milk, Price

NCBA President Testifies on the Farm Economy

Jamie Johansen Leave a Comment

National Cattlemen’s Beef Association President Tracy Brunner testified before the House Agriculture Subcommittee on Livestock and Foreign Agriculture. He stressed to the subcommittee that over-regulation poses the greatest threat to the profitability of cattle producers. “Today we ask for no direct action from our government in our cattle marketing systems and forums,” said Brunner. “The cattle industry relies on the …

Ag Group, Beef, economics, NCBA, Policy

Report Shows Economic Benefit of TPP

Lizzy Schultz Leave a Comment

Many of the nation’s livestock and animal production groups have stated their support for the U.S. International Trade Commission’s recently released report on the potential benefit that is offered to the U.S. economy by the Trans-Pacific Partnership (TPP). The findings of the report align with many of these groups’ previous statements suggesting that the free trade agreement will work to …

Ag Group, Agribusiness, Beef, Dairy, economics, Export, Export, National Milk, NCBA, Trade

Announcing the Launch of Kynetec

Lizzy Schultz

Following the completion of the management buyout of the Animal and Crop Health division of GfK, last week marked the formal launch of market research company Kynetec. Kinetic is the global leader in market research for animal health and agriculture, and is backed by Inflexion, who partners with high-growth businesses to accelerate their growth. The company is has a respected …

Ag Group, Animal Health, Company Announcement, economics, Finance, Markets

NMPF April Dairy Market Report

Lizzy Schultz

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

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