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Progressive Dairy Industry Happenings: May 25, 2022

May 24, 2022

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.

Economic outlook: Higher 2022 milk production forecast has small impact on projected prices

May 12, 2022

The USDA’s monthly World Ag Supply and Demand Estimates (WASDE) report, released May 12, revised the 2022 U.S. milk production estimate upward, with higher milk cow inventories more than offsetting slower growth in milk per cow.

Progressive Dairy Industry Happenings: May 7, 2022

May 7, 2022

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.

Dairy-RP adding ‘natural disaster’ coverage flexibility

May 6, 2022

Dairy producers using the USDA Risk Management Agency (RMA) Dairy Revenue Protection (Dairy-RP) program will have an additional income safety net covering milk production losses due to natural disasters starting with the 2023 crop insurance year.

Economic Update: 2022 DMC enrollment posts small decline

May 5, 2022

Update highlights

2022 DMC enrollment posts small decline
‘Replacement’ economics improves
January all-milk, mailbox price spread averaged $1
GDT price index tumbles
Ag producer sentiment improves but input costs, availability remain top concern

Economic Update: Dairy organizations encouraged by USTR report citing GIs as priority issue

April 28, 2022

Update highlights

Dairy organizations encouraged by USTR report citing GIs as priority issue
Dairy cull cow marketing up in March
Cheese, butter inventories mostly lower
Milk futures have weakened in recent days

Progressive Dairy Industry Happenings: April 19, 2022

April 19, 2022

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.

Economic Update: Catching up on ethanol, drought aid and fluid milk sales

April 18, 2022

Update highlights

Corn futures moving higher on ethanol policy
‘Protecting Your Profits’ webinar is April 27
February fluid milk sales reviewed
IDDBA: Food inflation concerns rising
Global dairy product prices increase too
USDA enhances aid for forage losses due to drought, wildfires

Economic Update: USDA raises 2022 milk production and price forecasts

April 8, 2022

Update highlights

USDA raises 2022 milk production and price forecasts
GDT price index lower
Producer sentiment decline linked to Ukraine impact

Economic Update: Class III-IV milk prices continue to climb

April 1, 2022

Update highlights

Class III-IV milk prices continue to climb
Dairy cull cow marketing remains slower
Cull cow prices jump
2022 hay acreage could be smallest since 1907
Soybean acreage expected to grow
Corn, soybean stocks larger
USDA to begin payments to livestock producers impacted by drought, wildfire

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