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Home » Topics » Progressive Dairy » Dairy Industry News

Dairy Industry News
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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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New CowManager Dashboard adds improved functionality and ease of use

November 15, 2023

CowManager recently introduced a new, intuitive user dashboard that adds improved functionality and ease of use.


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October FMMO uniform prices mixed as Class IV pooling dips

Class IV pooling volume, percentage were second-lowest in past two years.
November 15, 2023
Dave Natzke

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


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International audiences see FARM Program’s value at 2023 World Dairy Summit

November 15, 2023

The National Dairy Farmers Assuring Responsible Management (FARM) Program is open to all U.S. dairy farmers, milk processors and cooperatives and shows consumers and customers that U.S. dairy is doing what’s right.


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Opportunities fuel young adult passion for the dairy industry

Coming from two different backgrounds – growing up on a dairy farm and experiencing dairy-related opportunities in college – is what brought two young adults to work in and enjoy the dairy industry.
November 15, 2023
Michelle Stangler

The dairy industry is diverse, and Aubrey Schlimgen and Max Shenkenberg’s paths into it are no exception. While Schlimgen was raised on a family dairy farm, Shenkenberg embarked on his dairy career during college.


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Average lifetime production of Dutch dairy cows reaches historic 84,219 pounds of milk

November 14, 2023

In the financial year 2022-2023, the average lifespan and lifetime production of dairy cows in the Netherlands has continued to rise. Last financial year, the culled cows produced an average of 84,319 pounds (38,327 kilograms) of milk and 6,706 pounds (3,048 kilograms) of fat and protein. That is 2,037 pounds (926 kilograms) of milk and 169 pounds (77 kilograms) of fat and protein more than in the previous financial year. The lifespan of the culled herd book cows rose by almost three weeks, to 2,255 days. 



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Budget plan extends farm bill into 2024

Plan would roll Supplemental Dairy Margin Coverage program into regular DMC.
November 13, 2023
Dave Natzke

Over the weekend, the four leaders of the House and Senate Agriculture Committees agreed to a provision that extends the current farm bill into next year.


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Year-to-date 2023 DMC payments top $1.27 billion

Latest funding proposal extends program through 2024.
November 13, 2023
Dave Natzke

The October DMC margin is forecast at about $9.54 per cwt, above the maximum Tier I DMC coverage level of $9.50 per cwt.


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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 panels says dairy producers need H-2A program

The USDA released preliminary 10-year agricultural projections for major U.S. crops and livestock products, including dairy.
November 8, 2023
Dave Natzke

Roughly 40% of all U.S. dairy farms have non-family member employees, and about 70% of those workers are immigrant employees.


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