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Industry News

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

LATEST

The boards of directors of Koepon Holding BV and Cooperative Resources International (CRI) have reached agreement on a plan to merge their organizations, the companies announced in a press release.

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Digest Highlights: Dairy co-op deduction added to tax reform bill. Cooper stepping down as GM at FarmFirst. Dairy exporting will be competitive. Find a summary of these and other news here.

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While the long-term outlook for agriculture is bullish, dairy producers face short-term financial challenges, Rod Wautlet, Agri-Business Consultants LLC, told producers attending the 2017 Vita Plus Dairy Summit, Dec. 6-7, in Madison, Wisconsin.

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Basis – the amount received from a milk buyer above the monthly Federal Milk Marketing Order Class III minimum price – has been shrinking.

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Digest Highlights: Dairy farmers may be closer to having access to another income safety net. USDA cuts milk production forecast, but price projections too. Dairy co-ops request temporary surcharge on Class I milk in the Florida Federal Milk Marketing Order. Find a summary of these and other news here.

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With too much supply, milk marketing has become a buyer’s market, Larry Hermanson told dairy farmers attending the 2017 Vita Plus Dairy Summit, Dec. 6-7, in Madison, Wisconsin. The supply-demand imbalance negatively impacts his cooperative and its dairy producer members.

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