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Economic Update: 2021 DMC enrollment period is Oct. 12-Dec. 11

June 18, 2020
Dave Natzke
Update Highlights
  • 2021 DMC enrollment period is Oct. 12-Dec. 11
  • July 2020 Class I base jumps more than $5 per cwt
  • No June swoon yet: Retail dairy sales still strong
  • Third-quarter dairy margin outlook improves

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Time to check your floors: June-July risk management calendar

June 17, 2020
Ron Mortensen
What does your floor look like? The barn floor? The creaky floor in the haymow? The old feed room floor that now has cracks and grass growing in it?
Read More

Weekly Digest: Borden sale appears imminent

June 16, 2020
Dave Natzke
Digest Highlights
  • Borden sale appears imminent
  • Global Dairy Trade index higher
  • Dean Foods pays independent producers but no change on FMMOs
  • NMPF: Milk demand strengthens on coronavirus demand buying
  • The Dairy Signal: Is dairy coming off ‘sugar high?’
  • USDA buys milk for food programs
  • IDFA, NMPF: Science on the side of dairy in dietary guidelines

Read More

CFAP dairy payments near $667 million through June 15

June 16, 2020
Dave Natzke
The USDA's Farm Service Agency (FSA) staff were actively processing Coronavirus Food Assistance Program (CFAP) applications last week, with direct dairy producer payments nearly doubling the total from the week before.
Read More

Economic Update: Dairy retail sales strong heading into summer; dairy outlook mixed

June 11, 2020
Dave Natzke
Update Highlights:
  • Dairy retail sales strong heading into summer
  • WASDE report forecasts more milk for 2020-21; prices come off the floor
  • FAPRI: 2020 milk price will average $16.34 per cwt
  • Bozic: Need for risk management emphasized
  • Wolf: Manage risk to maintain access to outside capital
  • Plourd: 20 years of cheese price volatility in 35 trading days

Read More

What happened? What’s next? - CFAP payments begin in June

June 11, 2020
Dave Natzke
You’re busy milking cows, harvesting forages and getting motion sickness from watching daily milk futures price gyrations. With that in mind, Progressive Dairylooks at issues in the news impacting you and your dairy business.
Read More

Value of milk per operation – 2019 State rankings

June 11, 2020

Weekly Digest: Global dairy market recovery: a ‘U’ not a ‘V’

June 10, 2020
Dave Natzke
Digest Highlights
  • Global dairy market recovery: a ‘U’ not a ‘V’
  • USDA buying dairy products
  • Jacquier: Higher prices, effective policies helping dairy rebound
  • UDFC submits California QIP petition
  • 2020 DGAC report schedule challenged
  • Wisconsin dairy processors receive grants
  • Maryland & Virginia Milk Producers hosting virtual dairy ‘Co-op County Fair’
  • Progressive Dairy COVID-19 resources

Read More

CFAP dairy payments top $337 million through June 8

June 8, 2020
Dave Natzke
U.S. dairy producers received about $337 million in direct payments through the Coronavirus Food Assistance Program (CFAP) as of June 8, according to a weekly update from the USDA. Payment applications processed by USDA Farm Service Agency (FSA) offices stands at 7,706.
Read More

Weekly Digest: Dairy drought areas expand

June 5, 2020
Dave Natzke
Digest Highlights
  • Dairy drought areas expand
  • May Class III and Class IV prices lower
  • Letter defends animal agriculture safety, value
  • ‘Climate solutions’ bill would help ag producers tap into carbon credit market
  • Holstein Association USA virtual meeting is June 25
  • Progressive Dairy COVID-19 resources

Read More
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