Global Dairy Trade Event 300 concluded with the GDT Price Index up 4.6 Percent

Key Results

AMF index up 0.6%, average price US$6,720/MT
Butter index up 5.0%, average price US$6,158/MT
BMP not offered
Ched index up 1.1%, average price US$5,546/MT
LAC index not available, average price not available
SMP index up 5.0%, average price US$3,963/MT
SWP index not available, average price not available
WMP index up 5.6%, average price US$4,082/MT

Full results have been published on www.globaldairytrade.info.

Iowa Hay In Storage Up

All hay stored on Iowa farms as of December 1, 2021, was estimated at 3.12 million tons, up 28 percent from
December 1, 2020, according to the latest USDA, National Agricultural Statistics Service – Crop Production report. Disappearance from May 1, 2021, through December 1, 2021, totaled 1.44 million tons, compared with 1.78 million tons for the same period in 2020.

All hay stored on United States farms as of December 1, 2021 totaled 79.0 million tons, down 6 percent from
December 1, 2020, which is the third lowest December 1 stocks since 1977. Disappearance from May 1, 2021,
through December 1, 2021, totaled 59.2 million tons, down 6 percent from the same period in 2020.

Monthly Dairy Webinar Feb. 16 to Focus on Difference Between Cash Flow and Profitability

The Iowa State University Extension and Outreach Dairy Team monthly webinar series continues on Wednesday, February 16 from 12 noon to 1 p.m. The program will focus on the difference between cash flow and profitability and when to use each in managing your dairy. Continue reading “Monthly Dairy Webinar Feb. 16 to Focus on Difference Between Cash Flow and Profitability”