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The USDA’s Farm Service Agency (FSA) has started issuing payments to producers who signed up for the Dairy Margin Coverage (DMC) program.

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The USDA’s latest milk production forecast changed little from a month ago, but the 2019 price outlook improved slightly.

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Editor's note: This article has been updated to include comments from U.S. dairy cattle and hay exporters.

The U.S. agricultural trade balance was negative for a second straight month, even though May’s dairy export value was the highest in four years.

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The 2019 National Holstein Convention was held at the Red Lion Paper Valley Hotel in Appleton, Wisconsin, June 24-27. Adults and juniors from throughout the U.S. and over 10 additional countries attended the annual event.

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