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Industry News

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

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The USDA has clarified that acreage seeded to alfalfa-and-grass-mixture forage crops is not eligible for federal payments under the Market Facilitation Program (MFP).

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The USDA’s latest outlook report raised milk production forecasts for both 2019 and 2020 but also projects slightly higher prices for most categories of milk. Higher corn and soybean prices are also forecast.

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Editor's note: This article has been updated to include corrected information provided by the USDA. Originally, monthly USDA data showed August ag exports at $10.5 billion and imports at $11.3 billion.

Following is a statement released by the USDA: “On Oct 9th, 2019, the export, import, and trade balance figures for August 2019 and the 2019 fiscal and calendar year-to-date figures were corrected. Previously the import and export figures for August 2019 were inverted, which resulted in an error for the fiscal and calendar year-to-date as well for 2019.”

Although U.S. dairy product export volumes trail year-ago levels, August 2019 sales performance was in line with recent months, with overall volume about the same as June and July.

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