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Citing declining milk cow numbers and slower growth in milk per cow, the USDA’s December World Ag Supply and Demand Estimates (WASDE) report cut milk production forecasts for both 2018 and 2019. However, the outlook for less milk again didn’t translate into improved milk price projections for either year.

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You’re busy – milking cows, managing employees and preparing year-end financials. With that in mind, Progressive Dairymanlooks at issues in the news impacting you and your dairy business.

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TRENDING: SAFETY NETS

The heavy lifting on dairy safety net reforms – which many were targeting for the 2018 Farm Bill – got some advance help when program changes were inserted in a federal budget bill signed into law in early February.

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TRENDING: NEWSWORTHY IN 2018

New York summit supports dairy supply management

About 350 participants, about half of whom were dairy farmers, attended a summit to explore dairy policy and marketing options in New York on Aug. 13.

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TRENDING: EXPORTS, TRADE

Having ended the previous year on a high note, many dairy analysts believed exports would be key to reversing slumping U.S. milk prices.

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