News

Improving monthly average milk prices combined with lower feed costs continue to improve the margin picture for U.S. dairy farmers, and there will be no Dairy Margin Coverage (DMC) program indemnity payments at any level of coverage for a second straight month.

Improving milk prices are adding a few dollars to what dairy farmers are willing to pay for replacement cows, based on the USDA’s quarterly estimates.

Another attempt at immigration reform with a focus on addressing U.S. agriculture’s farm labor crisis has been introduced in Congress. The Farm Workforce Modernization Act was released in the House of Representatives by Reps. Zoe Lofgren (D-California), chair of the House Judiciary Committee’s Immigration Subcommittee, and Dan Newhouse (R-Washington).

With record-high debt and more farmers extending their repayment terms, the number of U.S. farms restructuring debt by filing Chapter 12 bankruptcy rose in the past 12 months, according to an analysis by American Farm Bureau Federation (AFBF) chief economist John Newton.

LaClare Family Creamery has announced the completion of a $10 million expansion that will make it a national leader in Chevre cheese production.