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Home » Topics » Dairy News » Dairy Industry Issues

Dairy Industry Issues
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Weekly Digest: Benchmarking farm employee compensation

Updates on dairy programs and recent cow number and dairy trade reports.
March 7, 2024
Karen Lee

Here is a summary of news released this week that will have an impact on your dairy operation.


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Economic Update: Congress releases first six budget bills, including agriculture

The all-milk and mailbox price spread widened last November while FSA interest rates continue downward this month.
March 4, 2024
Karen Lee and Dave Natzke

Here’s an update on economic factors impacting your dairy’s financial picture as we begin March 2024.


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Weekly Digest: Federal funding bills expected to carry to next week

February 29, 2024
Karen Lee

Here’s a summary of news impacting your dairy as we close out the month of February.


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Economic Update: March 2024 Class I base price improves

Federal government looks to extend funding while USDEC identifies five key points for dairy exports in 2024.
February 26, 2024
Karen Lee and Dave Natzke

Here’s an update on economic factors impacting your dairy’s financial picture as we finish out February 2024.


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Dairy risk management calendar: March 2024

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
February 26, 2024
Jenn Coyne

Here's Progressive Dairy’s look ahead at important dates, reports and advice affecting risk management decisions, as well as other information impacting your milk check in March.


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2024 DMC program enrollment to begin Feb. 28

Payments that were triggered in January will be dispersed as soon as March 4.
February 23, 2024
Jenn Coyne

Service enrollment for the 2024 Dairy Margin Coverage program will begin Wednesday, Feb. 28. Dairy producers will have until April 29 to complete their enrollment in the voluntary dairy safety net program.


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Weekly Digest: USDA seeks planting intentions, announces funding for rural infrastructure

February 22, 2024
Karen Lee

Here’s a summary of news impacting your dairy in this third week of February 2024.


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Chapter 12 farm bankruptcy filings down in 2023

With 139 filings, farm bankruptcies were the lowest since 2004.
February 22, 2024
Dave Natzke

Improved working capital and equity positions in 2022 helped reduce the number of U.S. farms filing for Chapter 12 bankruptcy in 2023. There will likely be additional financial stressors in 2024.


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2023 annual milk production down from 2022

Cow numbers and milk production continue to decline in January USDA estimates for the seventh consecutive month.
February 22, 2024
Audrey Schmitz

2023 annual milk production was down 98 million pounds compared to the 2022 total. However, annual total milk production has increased 9.9% from 2014.


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EPA issues existing stocks order for dicamba use in the 2024 growing season

February 19, 2024
Karen Lee

Last week, the U.S. Environmental Protection Agency (EPA) issued an existing stocks order for dicamba products previously registered for over-the-top (OTT) use on dicamba-tolerant cotton and soybean. This comes as relief to growers who have already placed orders for dicamba-tolerant seed and the herbicide itself for the 2024 growing season.


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