A new lawsuit has been filed in an attempt to stop the Trump administration’s planned decentralization of the USDA federal offices, citing new evidence, and the Trump administration has rejected the extension of the USMCA trade deal.

In the news affecting a dairy producer's bottom line: The FARM Program opens comment period for version 2028, Rabobank provides an update on global dairy trade, high input cost concerns weigh on farmer sentiment, and Land O’Lakes Inc. announced an investment to expand dairy protein production in California.

Milk production across the U.S. has been rampant in 2026 with both processing capacity and global demand pressuring dairy farms to produce more, and a larger national dairy herd is helping keep the pace. Despite all the dynamics working in favor for U.S. dairy farmers, milk margins remain tight and risk management strategies remain critical.

In the news related to dairy farming the second week of June 2026: More U.S. cases of New World screwworm were confirmed and Canada restricts imports, FARM Biosecurity celebrates updated Secure Milk Supply Plan and producer resources, and three Midwest farms earn 2025 High Production Herd Award.

June marks the halfway mark for 2026, but it is already time to start thinking about risk management coverage for 2027 as the new crop year is on the horizon.

In dairy-related news for the first half of May 2026: Poull was selected as the 79th Alice in Dairyland, Michael Dykes announced plans to retire as president and CEO of IDFA, and the USDA requests producer input.

In dairy-related news at the beginning of May 2026: The USDA is seeking nominees for the National Dairy Promotion and Research Board, May FSA interest rates hold steady, a USTR report underlines landmark wins for common name protections, and Holstein Association USA names its Star of the Breed and Herds of Excellence.

Milk prices are moving in favorable directions, with May Class IV futures closing at $22.29 per hundredweight (cwt) on April 24 and May Class III futures closing at $17.56 per cwt. But markets can quickly change. Add in the record prices dairy producers are receiving for cull cows and beef-on-dairy animals, and an established risk management plan becomes even more critical.