Iowa Trade Mission To China Has Delegates Optimistic

An All-Iowa Trade Mission to China, led by Iowa Governor Kim Reynolds recently returned with optimism about the impact of the trip. They discussed trade potential as well as issues for U.S. beef, poultry, soybeans, corn, dairy, and other exports.

Larry Shover, president of the board for the Iowa State Dairy Association championed the dairy interests for the trade mission. He noted that the growing middle class plus an increase in per capita consumption of dairy will increase China’s demand. “The officials did express interest, especially for higher value dairy products like cheese, whey isolates, mozzarella, and snack items,” said Shover.

Successful Farming agriculture.com has a complete report at:

http://www.agriculture.com/news/business/iowa-delegation-to-china-finds-renewed-desire-to-move-trade-forward

Weekly Hay Auction Report

Rock Valley Hay Auction for Thursday, Aug 03, 2017

Receipts:  120 loads    Last Week:  103 loads    Last Year:  88 loads

Compared to last week:   Alfalfa sold mostly 5.00 lower on varying quality, grass hay 5.00 to 10.00 lower.  Overall quality was average this week.

Alfalfa:  Premium:  Large Squares, 3 loads 132.50-140.00; Large Rounds, 17 loads 115.00-155.00.  Good:  Large Squares, 1 load 110.00; Large Rounds, 12 loads 100.00-112.50. Fair:  Large Rounds, 12 loads 82.50-95.00; Small Squares, 12 bales at 3.25 per bale.

Grass:  Premium:  Large Squares, 3 loads 92.50-110.00; Large Rounds, 17 loads 90.00-117.50.  Good:  Large Squares, 1 load 82.50; Large Rounds, 22 loads 72.50-87.50. Fair:  Small Squares, 17 bales at 2.50 per bale.

Straw:  Large Squares, 6 loads 82.50-90.00.  Large Rounds, 14 loads 77.50-82.50, very poor 1 load 42.50.  Small Squares, 1 load 85.00.

Cornstalks:  Large Rounds, 8 loads 35.00-47.50.

Financial Education for Dairy Producers offered Aug. 16 in Orange City

Iowa State University (ISU) Extension and Outreach will host “Who Wants to Be a Millionaire? Dairy Edition,” a class geared towards helping dairy producers improve their financial knowledge and bottom line. The class will be held on Wednesday, Aug. 16, from 9:30 a.m. to 11:45 a.m. at the ISU Extension and Outreach – Sioux County office in Orange City.

ISU Dairy Specialist Larry Tranel will present enterprise analysis and information on the Millionaire Model Farm, milking system upgrades including robots, and information on organic and grazing dairies.

Northwest Iowa Extension Dairy Specialist Fred Hall will also share updated information relevant to the drought. He and Tranel will both be available to answer questions.

Hall said that the remainder of the meeting will be somewhat informal and will be driven by the interests and needs of those dairy producers in attendance.

“Dairymen and women who attend will receive information on a variety of financial topics useful for all dairies,” Hall said. “There is no fee to attend, but interested individuals must pre-register by Aug. 14.”

To pre-register for the meeting, contact the ISU Extension and Outreach – Sioux County office at 712-737-4230 or email Hall at fredhall@iastate.edu.