Dairy Industry News
A small increase in U.S. average feed costs and lower milk prices combined to pressure December’s Dairy Margin Coverage (DMC) program margin lower.
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Dairy risk management calendar: February 2024
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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Comment period nears on EPA manure air emissions reporting requirements
Reporting requirement exemptions for livestock operations have been approved and rescinded multiple times.
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Milk production stayed on downward slope to end 2023
Decline continued in December, pressured by lower cow numbers, no output growth.
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DMC program software update likely in February or March
The new software is necessary to make milk production history modifications for the 2024 DMC coverage period.
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Economic Update: February 2024 Class I base price lower
For the second month in a row, November overall fluid milk sales were up slightly.
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Economic Update: Dairy cull cow marketing slowed since September
Two upcoming USDA reports will update dairy cow numbers entering 2024.
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