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Industry News

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

LATEST

In contrast to milk price volatility, average U.S. prices paid for dairy replacement cows have been fairly steady, based on the USDA’s quarterly estimates, released Oct. 30.

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After a three-month furlough, small Dairy Margin Coverage (DMC) program indemnity payments returned for those producers insured at the top Tier I level on September milk marketings.

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As October and National Co-op Month came to a close, the National Cooperative Bank (NCB) updated revenue and asset totals for the 100 largest cooperatives in the U.S. With higher milk and wholesale dairy product prices, it was a better year for dairy co-op revenues and their members compared to a year earlier.

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As the crop insurance industry starts to process third-quarter 2020 Dairy Revenue Protection (Dairy-RP) claims, it is evident some producers who purchased coverage on Class IV milk may receive a payout. Timing was important, and early adopters received better payouts.

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