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Shrinking margin triggers larger DMC indemnity payments for May

July 1, 2020

Dave Natzke

As expected, a further downturn in May’s U.S. average milk price has triggered monthly Dairy Margin Coverage (DMC) program indemnity payments even larger than the payments in April.

Weekly Digest: CFAP dairy payments move above $1 billion plateau

June 30, 2020

Dave Natzke

Digest Highlights

CFAP dairy payments move above $1 billion plateau
Borden Dairy sale approved
CME change affects dairy daily price limits
CDI closes plant in Artesia, California
USDA ending Chinese export certification audits of dairy, infant formula plants
North American Open Dairy Cattle Show set for Oct. 13-18 in New York
‘Climate Solutions’ bill also introduced in House
Catching up on navigable waters rule, dietary guidelines
NMPF task force investigates farmer payment protection
Progressive Dairy COVID-19 resources

Progressive Dairy Industry Happenings: July 2020

June 29, 2020

Jenna Hurty-Person

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. Business Digest Highlights

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Organization news
Industry news
New products and services

Economic Update: May dairy cow slaughter much lower

June 26, 2020

Dave Natzke

Update Highlights

May dairy cow slaughter much lower
Dairy still filling grocery carts
Rabobank: Global dairy waiting for dust to settle
Cheese stocks saw May drawdown
USDA expanding CFAP payment application options
USDA solicits bids for dairy products
Pennsylvania ‘Protecting Your Profits’ webinars planned

Weekly Digest: CFAP dairy payments top $895 million through June 22

June 23, 2020

Dave Natzke

Digest Highlights

CFAP dairy payments top $895 million through June 22
The Dairy Signal: Risk management, government payments helped sustain dairy cash flow
EU intervention stocks harmed U.S. dairy
NMPF Dairy Defined: Swift action from farmers, government spurred dairy recovery
EPA appoints new members to agricultural committee
USDA solicits bids for mozzarella cheese
Progressive Dairy COVID-19 resources

What happened? What’s next? - A look at record volatility and the importance of grocery store sales

June 23, 2020

Dave Natzke

You’re busy milking cows, harvesting forages and finding things for the kids to do other than getting heifers ready for summer dairy cattle shows.

May U.S. milk production shifts to reverse

June 19, 2020

Dave Natzke

Editor's note: This article has been updated to include market commentary. Declines in both cow numbers and milk production per cow resulted in lower U.S. milk production in May as dairy farmers adjusted to COVID-19-related production restrictions and low milk prices.