The number of U.S. farms restructuring debt by filing Chapter 12 were down slightly last year, but the dairy economy likely figured prominently in states where bankruptcy filings were higher.
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Industry News
Read coverage of current events and news affecting dairy producers and the industry.
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Digest Highlights
- Hay inventories lower in many dairy states
- Land purchase approval advances proposed Idaho research dairy
- Craigs Creamery launches branded products
- CAFO water quality protection project grants available in New York
- Calgren dairy digester project supplies SoCalGas pipeline
- Did you know: Who holds farm debt?
- Class IV price to be ‘higher of’ through 2019
- WUD opposes California bill that provides plant-based school lunch incentives
- Cottonseed harvest, acreage plans updated
- 2018 fluid sales lower
- Global Dairy Trade index maintains upward streak
- Upper Midwest milk hauling charges rose in 2018
- Study provides winning growth formula for dairy companies
Regular readers of the Progressive Dairyman Extra enewsletter know we provide regular updates on Dairy Revenue Protection (Dairy-RP) program sales activity. This week, we take an additional look at the USDA Risk Management Agency (RMA) data: the percentage of milk by coverage level; and preview the timeline as the first quarter of 2019 comes to a close.
Digest Highlights
- Cows not so dry
- England, Wales losing dairy farms too
- Danone North America expands plant-based ‘yogurt’ alternative facility
- Global dairy price index jumps
- TMP fluid milk bid deadline is near
- NYFB argues against farm worker collective bargaining rights
- Proposal requires overtime pay for all ag workers
- Maryland to fund margin insurance premiums
- Livestock groups seek hauling regulation exemption
Citing declining milk cow numbers and slower growth in milk per cow, the USDA trimmed its 2018 milk production estimate and also cut the 2019 production forecast, lending support for somewhat higher prices.
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