Industry News

Digest Highlights

• Chapter 12 bankruptcy filings lower in 2020
• Global Dairy Trade index higher
• WFU, teamster leaders seek end to Canadian TRQ challenge
• USDA dairy product activity
• Ag Economy Barometer reveals near-term optimism, longer-term policy concerns
• Things you might have missed

Sessions provide deep dive into the next level of innovation for dairy farms

Progressive dairy farmers are always on the lookout for new ideas, innovations and technologies to make their farms more productive, efficient and sustainable. The 2021 Professional Dairy Producers (PDPW) Business Conference will bring several such ideas to attendees. The two-day conference will be held March 17-18, 2021, at the Kalahari Resort Convention Center in Wisconsin Dells, Wisconsin.

A growing U.S. herd is providing some support for dairy replacement cow prices, although there seems to be less correlation between where cow numbers are building and price movement.

Weaker milk prices and the highest U.S. monthly average feed costs since the end of 2014 triggered Dairy Margin Coverage (DMC) indemnity payments for December 2020 milk marketings.

U.S. Sen. Debbie Stabenow (D-Michigan), incoming chair of the U.S. Senate Ag Committee, outlined initial priority items her committee expects to address in the 117th Congress. Previewing plans during a conference call with agricultural media, Jan. 28, Stabenow said any discussions on Federal Milk Marketing Order (FMMO) reform are not yet on the agenda, although she anticipates the topic will come up.

Digest Highlights

• Kids drive family milk, dairy purchases
• 2021 DMC enrollment inches higher
• California QIP sunset plan referendum scheduled
• USDEC previews key factors that will impact U.S. dairy trade
• Things you might have missed