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With ballots to be counted and recounted and multiple lawsuits filed, we don’t know who will be in the White House and, by extension, leading the USDA next year. We do know there will be change atop congressional committees with oversight on agriculture.
In this column, Progressive Dairy summarizes issues in the news and attempts to describe how they might affect dairy farmers. Look for more extensive background and details at Progressive Dairy.
Valene Lickley and Katharine Lotspeich are the co-hosts of the Millennial Ag podcast. Editor Walt Cooley interviewed them as they approached the one-year anniversary of the launch of their podcast. The mantra of their podcast is: No topic is off-limits.
Progressive Dairy provides updates on dairy-related organizations and companies, compiled from staff news sources and industry press releases. Email industry and organization news to Progressive Dairy Editor Jenna Hurty.
In contrast to milk price volatility, average U.S. prices paid for dairy replacement cows have been fairly steady, based on the USDA’s quarterly estimates, released Oct. 30.
After a three-month furlough, small Dairy Margin Coverage (DMC) program indemnity payments returned for those producers insured at the top Tier I level on September milk marketings.
As October and National Co-op Month came to a close, the National Cooperative Bank (NCB) updated revenue and asset totals for the 100 largest cooperatives in the U.S. With higher milk and wholesale dairy product prices, it was a better year for dairy co-op revenues and their members compared to a year earlier.
As the crop insurance industry starts to process third-quarter 2020 Dairy Revenue Protection (Dairy-RP) claims, it is evident some producers who purchased coverage on Class IV milk may receive a payout. Timing was important, and early adopters received better payouts.
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