Major Changes To Livestock Trading Announced

Lizzy Schultz

CME Group and the National Cattlemen’s Beef Association (NCBA) have made several announcements regarding the design of a number of steps that intend to help further enhance US livestock markets, which have become increasingly volatile. “Nothing is more important to us than the integrity of our markets, which help farmers and ranchers to discover prices and transfer risk,” said Tim …

Ag Group, Cattle, economics, Finance, Livestock, Markets, NCBA

DairyPRO’s Meeting at Ag Progress Days

Jamie Johansen

The Center for Dairy Excellence and the Penn State Extension Dairy Team will host DairyPRO’s breakfast meeting focused on dairy farm business transformation at Ag Progress Days, Wednesday, August 19, from 7:00 a.m.-8:30 a.m., in the Theatre area. “We are excited about our lineup of speakers for this meeting,” said Emily Yeiser, dairy initiatives manager at the Center for Dairy …

Ag Group, Dairy, Finance

Confined Cow-Calf Production to Rebuild Herd Numbers

John Davis

A new report from ag lender Rabobank shows that confined cow-calf production might be the best way to rebuild the U.S. cow herd, especially considering the declining amount of pastures available. This news release from the company says its report, “Outside In: Confined Cow-Calf Production as a Viable Model for Rebuilding the U.S. Cow Herd Numbers,” found that there’s been …

Agribusiness, Calves, Cattle, Finance

Rabobank: Dairy Prices Continue Fall, Trend is Global

John Davis

U.S. dairy prices are continuing their fall, and it could be a while until they recover. Rabobank Food & Agribusiness Research (FAR) and Advisory Group‘s latest quarterly report shows the trend is global. The report also finds international dairy markets continue to suffer from low prices, though the rate of decline in the price of dairy commodities has slowed compared …

Agribusiness, Dairy, Finance

Rabo Gives Outlook for Global Dairy Industry

Jamie Johansen

Rabobank has published a new report on the global dairy industry. As anticipated, global dairy prices softened considerably through Q2. According to Rabobank’s Dairy Quarterly Q2: Beyond the tipping point, prices fell as a result of improved milk production in export regions and the easing of forward purchasing by China. These mechanisms freed more product for other buyers and lowered …

Agribusiness, Cattle, Dairy, Finance, International