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Industry News

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

LATEST

While the Margin Protection Program for Dairy (MPP-Dairy) has been getting most of the publicity, the recent improvement in milk futures prices is pulling the Livestock Gross Margin for Dairy (LGM-Dairy) program back into risk management strategies for larger producers.

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Digest Highlights: Wisconsin snowstorm losses mount. California FMMO timeline summarized. AMPI sets news cheese output record. Several processors plan expansions. Find a summary of this and other news here.

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Milk production quota in five eastern Canadian provinces will be rolled back effective May 1 over fears of rising butter stocks.

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Rabobank’s Dairy Quarterly Q1 Report provides a current snapshot of seven major dairy regions of the world, as well as things to watch for in the second and third quarters of 2018.

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Some dairy producers could see total 2018 Margin Protection Program for Dairy (MPP-Dairy) premium payments recouped within two months.

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U.S. milk production posted a more modest 1.3 percent year-over-year increase in March, but the subplot in the story was the USDA’s reduction in cow numbers and milk production retroactively to the start of the year.

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