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Home » Authors » Jenn Coyne

Articles by Jenn Coyne

Revisions to Dairy-RP to affect upcoming coverage calculations

The Federal Crop Insurance Corporation board of directors approved revisions for Dairy-RP. Most notably, how Yield Adjustment Factors will be calculated for non-major dairy states.
May 17, 2024
Jenn Coyne

Dairy producers in non-major dairy states will notice a change to how their Dairy-Revenue Protection (Dairy-RP) insurance coverage is determined.


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Dairy exports slip in March despite another cheese run

Surging cheese sales in March were not enough for U.S. dairy exports to continue the strong performance seen a month prior.
May 7, 2024
Jenn Coyne

Despite climbing U.S. cheese shipments in March, U.S. dairy exports fell into the red with a 7% slip from a strong year-over-year performance in February. Here’s Progressive Dairy’s 30,000-foot view at dairy-related export categories.


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March DMC margin is $9.65 per cwt

Feedstuff and milk prices held steady in March for a DMC margin of $9.65 per cwt, the first since December 2022 to not trigger a payment through the dairy risk management program.
April 30, 2024
Jenn Coyne

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report April 30, which includes feed costs used to calculate March Dairy Margin Coverage (DMC) program margins and indemnity payments. Consistent feedstuff prices and a slight improvement in the all-milk price brought the average milk income margin to $9.65 per hundredweight (cwt).


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Dairy risk management calendar: May 2024

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
April 25, 2024
Jenn Coyne

As predicted, milk prices recovered some in April with Class III at $15.57 per hundredweight (cwt) during the last full week of the month and futures jumping more than $1 for May and June. Unpredictability is still expected in the marketplace, and producers are encouraged to enroll in the Dairy Margin Coverage (DMC) safety net program.


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Exports rally after 12 months of year-over-year declines

Volume gains in U.S. dairy product exports in February gave way to improved market conditions for the first time since January 2023.
April 10, 2024
Jenn Coyne

The U.S. dairy product export market rebounded in February with export volumes lifting for the first time in over a year. Cheese was the shining star with historic volumes recorded. Here’s Progressive Dairy’s 30,000-foot view at dairy-related export categories.


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Control digital dermatitis with a cow-sensitive approach

Improved hygiene on the dairy through proper footbath protocols is a key way producers can manage the presence of digital dermatitis in their herds.
April 8, 2024
Jenn Coyne

Severely lame cows are easily distinguishable in the herd, even to the untrained eye. The key is to work with the farm team in identifying and addressing lameness early. This may be before the lesion is visible until you pick the foot up in the hoof-trimming chute.


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February DMC margin is $9.44 per cwt

An improved all-milk price by 50 cents coupled with mostly lower feed costs gave way to a DMC margin of $9.44, still triggering payments through the program.
March 28, 2024
Jenn Coyne

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report March 28, which includes feed costs used to calculate February Dairy Margin Coverage (DMC) program margins and indemnity payments.


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Dairy risk management calendar: April 2024

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
March 23, 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 April.


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2024 U.S. dairy exports begin with dawdling first month

Global dairy demand is stagnant and anticipated to be through the first half of the year, with the 12th consecutive year-over-year monthly decline of U.S. dairy exports in January.
March 13, 2024
Jenn Coyne

January U.S. dairy export values revealed a listless start to 2024. But it is not all pessimism, as shredded cheese continues to bring encouragement to the marketplace. Here’s Progressive Dairy’s 30,000-foot look at dairy-related export categories.


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SEC limits Scope 3 reporting in new climate rule

Publicly traded companies no longer have to disclose Scope 3 greenhouse gas emissions as part of an amendment by the U.S. Securities and Exchange Commission.
March 13, 2024
Jenn Coyne

Agricultural stakeholders are applauding a ruling made March 6 by the U.S. Securities and Exchange Commission (SEC).


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