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Economic Update: Ag loan interest rates nearing 9%

October’s Dairy Margin Coverage (DMC) program margin will be announced next week.
November 21, 2023
Dave Natzke

Here’s an update on economic factors impacting your dairy finances entering the final week of November 2023.


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U.S. ag trade balance deficit deepens

Despite record shipments of whey protein concentrate and a rebound in U.S. cheese exports, year-over-year U.S. dairy exports fell again in September.
November 15, 2023
Dave Natzke

Trends that have been keeping overall U.S. dairy exports in check for most of the year remain largely unchanged.


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USDA outlook sees slower-than-expected growth in milk production

Recent gains in butter and nonfat dry milk prices have eroded more rapidly than previously expected.
November 10, 2023
Audrey Schmitz

Progressive Dairy reviews the USDA’s latest World Ag Supply and Demand Estimates (WASDE) and Crop Production reports to identify potential influences on dairy producer income.


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Weekly Digest: House ag appropriations, farm bill timelines proposed

The USDA’s Organic Livestock and Poultry Standards final rule has been released.
October 30, 2023
Dave Natzke

Here is a brief look at the news affecting dairy producers as October 2023 comes to a close.


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Dairy risk management calendar: November 2023

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
October 24, 2023
Dave Natzke

Without a 2023 Farm Bill or temporary extension of the 2018 Farm Bill, the Dairy Margin Coverage (DMC) program expires at the end of the calendar year.


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Weekly Digest: Proposal elevates USDA organic dairy programs, data collection

September U.S. dairy cull cow marketing slowed to a 15-month low.
October 20, 2023
Dave Natzke

USDA organic dairy programs, production data collection and risk management support would increase under a bill introduced in the Senate.


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Weekly Digest: GDT index increases again

September milk production estimates will be released late this week.
October 19, 2023
Dave Natzke

Here is a brief look at the news affecting dairy producers during the third week of October 2023.


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How did your dairy co-op rank among Top 100 in 2022?

October is National Co-op Month, recognizing an "everyday" part of American life.
October 18, 2023
Dave Natzke

The annual National Cooperative Bank survey showed dairy co-ops made up 16 of the Top 100 cooperatives for revenue in 2022. Agriculture continues to lead all sectors in annual cooperative revenue.


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September milk checks should improve

Uniform prices improved in all marketing areas, with only small gains in Class IV milk pooling.
October 16, 2023
Dave Natzke

Here’s Progressive Dairy’s monthly review of September FMMO data to provide some additional transparency to your milk check.


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Walmart to build $350 million fluid milk processing plant in Georgia

The products from the facility will serve more than 750 Walmart stores and Sam’s Clubs in the Southeast.
October 16, 2023
Dave Natzke

Georgia currently has two fluid milk processors in Atlanta and Lawrenceville. Those two processors only use a portion of the state's growing milk production.


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