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Industry News

Read coverage of current events and news affecting dairy producers and the industry.

LATEST

Progressive Dairy provides monthly online updates of important dates and reports affecting risk management decisions.

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Update Highlights

  • November retail dairy sales affected by COVID-19, inflation
  • GDT price index dips
  • October 2021 fluid sales reviewed
  • Dairy margins start December stronger
  • USDA seeks fluid milk, butter
  • Dairy replacement heifer exports
  • Interest rates headed higher in 2022
  • 2022 estate tax limits raised
  • USDA funds school meal programs

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Declining cow numbers and stagnant milk production per cow held total U.S. milk production below year-ago levels in November.

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Editor's note: This article has been updated from the original, noting that the DMC hay adjustment payments are subject to a sequestration deduction rate of 5.9% on 2020 payments and 5.7% on 2021 payments.

The USDA’s implementation of higher hay prices used in feed cost calculations will have an impact on the largest number of dairy producers participating in the Dairy Margin Coverage (DMC) program.

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