National Farmers Union President Roger Johnson issued the following statement urging the U.S. Senate to swiftly reauthorize Livestock Mandatory Price Reporting (MPR): “NFU has long supported and was a central contributor to the creation of the important producer-oriented MPR law, particularly through its state divisions which passed similar reporting requirements before a national standard was created. We urge the Senate … Read More
CattleFax Webinar to Address Producer Challenges
With U.S. beef herds expanding cow-calf producers will need to respond. CattleFax is hosting an upcoming webinar to guide ranchers through the challenge by adjusting business plans. CattleFax is encouraging cow-calf producers to register now for its Trends+ Cow-Calf Webinar at 5:30 p.m. MT, Sept. 10, 2015. To participate in the webinar and access program details, producers simply need to register online … Read More
August Dairy Market Report
The National Milk Producers Federation and Dairy Management Inc. August Dairy Market Report is out. Milk prices in many major milk-producing countries have plummeted to levels that are producing severe financial stress for their farmers. However, on the back of stable domestic consumption, the milk price outlook in this country is generally more positive. Domestic consumption of dairy products has … Read More
USDA Market News: Drop in Cow Meat and 90 % Trim
The cow cutout dropped $12 yesterday. The biggest product from cows, ninety percernt trimmings, dropped $23. According to Ed Czerwien, USDA Market News, this indicates they are having problems moving ground beef items and may have had to dump some products. This might point towards longer term issues. The Cow Cutout down 12 dollars and those Ninety percent trimmings which … Read More
May Dairy Market Report
The May Dairy Market Report is out thanks to the National Milk Producers Federation and Dairy Management, Inc. It indicates that domestic markets are stabilizing following the fall in milk prices in late 2014 and early 2015. Here are some highlights: · The national average all-milk price was $16.60 per hundredweight in March, down 20 cents from a month earlier. … Read More
CattleFax Webinar for Producers with Value-Added Calves
Elanco Animal Health is sponsoring a free CattleFax webinar on how producers can maintain higher profitability by recognizing that record-high calf market prices are likely to decline as cowherd expansion brings additional supply by quickly adjusting management and marketing strategies The Trends+ Cow-Calf Webinar is at 5:30 p.m. MT, Jun. 10, 2015. To participate in the webinar and access program … Read More
NFU Urges Reauthorization of Livestock Price Reporting
National Farmers Union (NFU) President Roger Johnson encouraged Congress to reauthorize the Livestock Mandatory Price Reporting Act in a letter to Chairman Pat Roberts, R-Kansas, and Ranking Member Debbie Stabenow, D-Michigan, of the U.S. Senate Committee on Agriculture, Nutrition and Forestry. He also offered suggestions for making the price reporting data a more effective and usable tool for family farmers … Read More
April's Dairy Market Report
The National Milk Producers Federation and Dairy Management Inc. have brought you the April Dairy Market Report. The average all-milk price was $16.80 per hundredweight in February, 80 cents below the January price. Federal order class prices for March indicate that the steep slide in milk prices during the last quarter of 2014 and early 2015 may have come to … Read More
March Dairy Market Report
The March issue of the National Milk Producers Federation and Dairy Management Inc.’s Dairy Market Report is out. Farm milk prices and margins are falling sharply, but from such high levels that they are still near their averages in recent years. Also, U.S. prices remain stronger than those in New Zealand and Europe, which are suffering more from the slump … Read More
Weekly Box Beef Report
Each week, Ed Czerwien, USDA Market News, brings us the Weekly Box Beef Report. Here is the report for week ending March 7th, 2015. Weekly boxed beef trade for week ending Mar 07. The daily spot Choice box beef cutout ended the week last Friday at 248.48 which was 0.90 higher. There were 615 loads sold for the week in … Read More