Feed costs - Articles - Page 14

CattleFax at NCBA: Feed outlook cautiously optimistic

Lower hay and corn supplies, coupled with a decrease in the U.S. cow herd, should balance out what has been a volatile feed supply chain.

February 20, 2023

Tyrell Marchant

CattleFax Vice President of Research and Risk Management Services Mike Murphy’s message about feed prices and availability for the coming year was cautiously optimistic. Even as the end appears to be in sight for countless farmers and ranchers who have dealt with historic drought conditions across the country the past couple years, the economic effects of that drought remain.

USDA reduces 2023 milk production, price projections

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

February 8, 2023

Dave Natzke

The USDA’s monthly World Ag Supply and Demand Estimates (WASDE) report, released Feb. 8, reduced both 2022 and 2023 U.S. milk production estimates from last month, but also cut 2023 price projections.

How to be a profitable dairy farm in 2023

Auditing and evaluating labor, feed and other miscellaneous expenses, and then taking action will help 2023 be a more profitable year.

February 4, 2023

Pauly Paul

With interest rates, inflation and input costs on the rise and milk futures trending in the opposite direction, a lot of dairy producers I talk to are asking me this question: Is it possible to be a profitable dairy farming business, despite these external pressures?

Economic update: Margin weaker but no DMC payment for December

Here’s an updated summary of numbers impacting your dairy income during the weeks of Jan. 29-Feb. 4, 2023.

February 1, 2023

Dave Natzke

October 2022 “mailbox” prices averaged about $1.04 per cwt less than announced average “all-milk” price for the same month.

Haanstras define success with brave decisions

Placement of the transition barn and a feed kitchen are just two unique aspects of the Haanstra dairy.

January 16, 2023

Katie Coyne

Arjan and Helen Haanstra believe the "eyes on first" approach to the transition cow pen is key to success throughout the dairy.

USDA reduces 2022-23 milk production, price projections

December hay inventories are the lowest since 1954.

January 12, 2023

Dave Natzke

The USDA’s January World Ag Supply and Demand Estimates and Crop Production reports provide production and price forecasts.

November DMC margin stays above indemnity payment trigger

January 3, 2023

Dave Natzke

The enrollment period for 2023 DMC and Supplemental DMC programs closes on Jan. 31.

2022’s dairy year in review: Colliding consequences

January 2, 2023

Dave Natzke

Dairy risk management calendar: January 2023

December 20, 2022

Dave Natzke

With recent forecasts predicting lower milk prices and tighter dairy income margins ahead, is 2023 the year you explore dairy risk management options?