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We begin 2021 much the same way we finished 2020 – full of hope and embracing the extraordinary opportunity in front of us.

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In this column, Progressive Dairy summarizes issues in the news and attempts to describe how they might affect dairy farmers. Look for more extensive background and details at Progressive Dairy.

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Companies wanting to pitch a new dairy industry technology at the PDPW Business Conference may submit applications by Feb. 1, for the new Nexus stage.

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Dairy Revenue Protection (Dairy-RP) premiums have been influenced by recent Chicago Mercantile Exchange (CME) price action and option volatility. There are two major components for determining premiums:

1. Relative price: Are prices high or low?

2. Volatility: Are prices calm and in narrow ranges or are they more volatile?

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