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Articles Tagged with ''feed costs''

Weekly Digest: USDA raises 2023 Class III price projection

Here is a brief look at the news affecting dairy producers for the week of April 9-15, 2023.

April 12, 2023

Dave Natzke

Compared to last month, the USDA raised the U.S. milk production estimate for 2023 slightly, but also raised Class III and all-milk price forecasts.

Shrinking DMC margin triggers large February indemnity payments

A declining U.S. average milk price and higher average costs for corn and soybean meal drove milk income margins to their lowest level since August 2021.

April 4, 2023

Dave Natzke

The February 2023 indemnity payments continue what looks to be a lengthy trend, with monthly margins projected to be below $9 for all months until October.

Putting on my big boy pants

March 21, 2023

Tyrell Marchant

I have a major bone to pick with the American blue jean industry. Seriously, have you gone shopping for jeans lately? It’s not uncommon to find price tags ranging from $29.99 all the way up past the century mark, all on the same shelf.

Feeding for rebreeding: The grass isn’t always greener

Seeing lush, green grass in the spring is always exciting, but producers should get their forage tested to make sure it’s providing the proper nutrition to enhance their cows’ reproductive efficiency.

March 9, 2023

Chris Cassady

Spring turnout is right around the corner, and after a year of drought, it’s no surprise producers are hopeful for a better outlook in 2023.

USDA boosts 2023 milk production outlook, reduces Class III, all-milk price projections

The USDA’s March World Ag Supply and Demand Estimates report provides updated production and price forecasts.

March 8, 2023

Dave Natzke

The 2023 milk production forecast was raised by 200 million pounds from last month, based on a larger cow inventory.

January DMC margin falls to $7.94 per cwt

The January 2023 indemnity payments are the first in what looks to be a long-term trend.

February 28, 2023

Dave Natzke

The USDA released its latest Ag Prices report on Feb. 28, including factors used to calculate January 2023 DMC margins and indemnity payments.

Economic update: March 2023 Class I base price dips below $19

It’s the end of the month, with lots of numbers to digest and even more to come. Here’s an update of those impacting your dairy income as February came to a close.

February 27, 2023

Dave Natzke

March 2023’s Federal Milk Marketing Order (FMMO) advanced Class I base price moved lower, falling below $19 per hundredweight for the first time since November 2021.

Proper stocking rate as a drought resiliency tool

Once a ranch determines the feed requirements of its cows and the carrying capacity of its land, drought becomes a much more manageable challenge to navigate.

February 24, 2023

Eric Bailey

Drought has affected large swaths of the U.S. in recent years. Do we need to consider drought moving forward when making decisions about carrying capacity on farms and ranches?

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Minerals: A puzzling part of the foundation in grazing cattle systems

It’s important for cattle producers to consider factors such as source and bioavailability when purchasing mineral supplements and delivering them to their animals.

February 23, 2023

Brian Fieser

Forage is the foundation for grazing beef cattle diets. Unfortunately, the perfect forage simply doesn’t exist, even with ideal growing conditions.

Dairy risk management calendar: March 2023

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.

February 22, 2023

Dave Natzke

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