On June 20, 2019, the Risk Management Agency (RMA) released Manager’s Bulletin MGR-19-015 providing the following action:
“For the 2019 crop year only: Cutting for silage, haylage, and baleage will be treated the same as haying or grazing. In addition, all references to the November 1 date, as it relates to haying and grazing, in any procedure will be replaced with September 1.”
Continue reading “Planting a Cover Crop after Reporting Prevented Planting Acres”
Iowa State University (ISU) Extension and Outreach will host a Financial Impairment on the Farm webinar from 12:00 noon to 1:00 p.m. on July 30. The webinar is free and open to all those involved in production agriculture, specifically, producers and agri-business personnel.
Continue reading “Financial Impairment on the Farm Webinar offered July 30”
Just a quick heads up that farmers who planted cover crops on prevented plant acres will be permitted to hay, graze or chop those fields earlier than November this year. The final haying and grazing date has been adjusted from November 1 to September 1 to help farmers who were prevented from planting because of flooding and excess rainfall this spring.
RMA has determined that silage, haylage and baleage should be treated in the same manner as haying and grazing for this year. Producers can hay, graze or cut cover crops for silage, haylage or baleage on prevented plant acres on or after September 1 and still maintain eligibility for their full 2019 prevented planting indemnity.
Due to recent declines in milk cow numbers, relatively high slaughter levels, and higher expected feed prices, milk production forecasts have been lowered for 2019 and 2020 in the USDA June World Agricultural Outlook. Dairy exports were relatively weak in April, and export forecasts have been lowered for both 2019 and 2020. The all-milk price forecast for 2019 is $18.00 per cwt, 5 cents lower than last month’s forecast. The all-milk price forecast for 2020 is $18.90 per cwt, 10 cents higher than last month’s forecast.
Continue reading “USDA Predicts 2020 All-Milk Price At $18.90”
Milk production in Iowa during May 2019 totaled 452 million pounds, down less than 1 percent from the previous May according to the latest USDA, National Agricultural Statistics Service – Milk Production report.
The average number of milk cows during May, at 217,000 head, was the same as last month but down 3,000 from last year. Monthly production per cow averaged 2,085 pounds, up 25 pounds from last May.
Continue reading “Iowa May Milk Production Down Slightly”
The United States Department of Agriculture reports the milk/feed margin under the Dairy Margin Cover (DMC) program for April was $8.96, which would result in a payment of 54¢ for dairy farmers signing up for $9.50/coverage.
The April margin calculation is based on corn at $3.52/bu, alfalfa at $199/ton and soybean meal at $304.26. The U.S. all-milk price is $17.70 for April.
Sign-up for the program begins Monday, June 17 at FSA offices.
Recently the Environmental Protection Agency issued a final rule to codify its earlier interpretation that air emissions from manure are not reportable under the Emergency Planning and Community Right-To-Know Act.
Continue reading “EPA Exempts Manure Air Emission Reporting”
If only it were that easy. For many years the dairy industry has struggled with an imbalanced market- more production than domestic consumption- and generally that was a world-wide dilemma. Because milk in fluid form is highly perishable, different then corn or soy that can be stored for years, it has to be manufactured into a more stable product. Cheese, butter and powders gave a much longer shelf-life, and were put into storage by the ton.
Continue reading “Drink One More Glass of Milk and Save a Dairy”
Global Dairy Trade Event 237 concluded with the GDT Price Index down 3.4%
AMF index down 5.7%, average price US$5,752/MT
Butter index down 10.3%, average price US$4,805/MT
BMP index down 10.1%, average price US$2,807/MT
Ched index down 14.0%, average price US$3,950/MT
LAC index up 0.4%, average price US$897/MT
RenCas index up 4.2%, average price US$7,201/MT
SMP index down 4.0%, average price US$2,436/MT
SWP index not available, average price not available
WMP index down 1.5%, average price US$3,138/MT
Full results have been published on www.globaldairytrade.info