Global Dairy Trade Event 324 concluded with the GDT Price Index down 0.1 Percent

Key Results

AMF index down 0.9%, average price US$5,337/MT
Butter index down 0.6%, average price US$4,449/MT
BMP index not available, average price not available
Ched index up 4.0%, average price US$4,871/MT
LAC index not available, average price not available
SMP index down 0.3%, average price US$2,842/MT
SWP not offered
WMP index up 0.1%, average price US$3,218/MT

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

December Hay Stocks Down 21 Percent From December 21

All hay stored on Iowa farms as of December 1, 2022, was estimated at 2.48 million tons, down 21 percent from December 1, 2021, according to the latest USDA, National Agricultural Statistics Service – Crop Production report. Disappearance from May 1, 2022, through December 1, 2022, totaled 1.88 million tons, compared with 1.44 million tons for the same period in 2021.

Hay stocks on farms: All hay stored on United States farms as of December 1, 2022, totaled 71.9 million tons, down 9 percent from December 1, 2021, which is the lowest December 1 stocks since 1954.

Disappearance from May 1, 2022 – December 1, 2022, totaled 57.7 million tons, down 3 percent from the same period in 2021. Record low December 1 hay stock levels were estimated in California, Colorado, and Nebraska.
The complete report can be found on the USDA NASS website at www.nass.usda.gov/Publications

January WADSE Report Has 2022 All-Milk Over $25.50 per cwt

Milk production for 2022 is lowered from last month with lower expected milk per cow. The
2023 production forecast is lowered with a smaller expected average cow inventory for the
year; output per cow is unchanged from last month. USDA’s Cattle report, which will be
released January 31, will provide an indication of producer intentions for retaining dairy
heifers for addition to the breeding herd.

Driven by recent trade data, fat basis imports for 2022 are unchanged with offsetting
changes for a number of products, but skim-solids basis imports are raised on expected
demand for milk proteins. Strength in milk protein demand is expected to carry into 2023 and Continue reading “January WADSE Report Has 2022 All-Milk Over $25.50 per cwt”

Global Dairy Trade Event 317 concluded with the GDT Price Index down 3.5%

Key Results

AMF index down 1.7%, average price US$5,811/MT
Butter index down 7.0%, average price US$4,983/MT
BMP index down 4.4%, average price US$3,374/MT
Ched index down 3.8%, average price US$4,966/MT
LAC index not available, average price not available
SMP index down 1.6%, average price US$3,497/MT
SWP not offered
WMP index down 4.0%, average price US$3,573/MT

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

I-29 Moo University Dairy Webinar Outlines How Inflation Reduction Act Impacts Farmers Scheduled for Oct 13

The I-29 Moo University 2022 Dairy Webinar Series continues Thursday, October 13 from 12 noon to 1 p.m. with a focus on how the Inflation Reduction Act impacts farmers.

Join Mike Zahrt, leader of Foster-Swift Law Group agri-business sub-practice group has reviewed the Inflation Reduction Act and has identified areas that producers need to be aware of.

Continue reading “I-29 Moo University Dairy Webinar Outlines How Inflation Reduction Act Impacts Farmers Scheduled for Oct 13”

Global Dairy Trade Event 315 concluded with the GDT Price Index up 4.9 Percent

Key Results

AMF index up 13.9%, average price US$5,677/MT
Butter index up 3.3%, average price US$5,369/MT
BMP index down 5.1%, average price US$3,537/MT
Ched index up 1.0%, average price US$5,046/MT
LAC not offered
SMP index up 1.5%, average price US$3,575/MT
SWP not offered
WMP index up 5.1%, average price US$3,610/MT

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

Global Dairy Trade Event 314 concluded with the GDT Price Index down 2.9 Percent

Key Results

AMF index down 9.8%, average price US$4,990/MT
Butter index up 0.2%, average price US$5,204/MT
BMP not offered
Ched index up 4.2%, average price US$5,005/MT
LAC not offered
SMP index up 0.1%, average price US$3,524/MT
SWP not offered
WMP index down 3.5%, average price US$3,417/MT

Full results have been published on www.globaldairytrade.info

Corn Silage Webinar Series Continues in August

The Iowa State Dairy Team corn silage webinar series kicked-off this week with a focused discussion on silage processing. Dr. Bill Mahanna and Aaron Maassen outline their perspectives on silage processing and then answered questions for the audience.

Anyone who feeds and harvest corn silage can get an update on the latest trends and technology during the webinar series or view the archived programs at: https://www.extension.iastate.edu/dairyteam/webinars

The series continues with; cover crop forages on Aug. 9; forage storage Aug. 16; and forage feeding Aug. 23.

Continue reading “Corn Silage Webinar Series Continues in August”

“Best of” Four-State Dairy Nutrition and Management Conference Offered

The Four State Dairy Nutrition and Management Committee is excited to offer a new virtual “Best of” 2022 Four State Dairy Nutrition and Management Conference. The virtual offering includes recorded presentations of all the Four State Conference plenary sessions in addition to the RP Nutrients pre-conference symposium, Zinpro’s post-conference symposium and the breakfast speaker sponsored by Feedworks USA. All questions, answers and discussions are also included in the recording.

Learn the latest in transition cow nutrition and management from world renowned experts including Cornell University’s, Tom Overton, Jim Drackley, University of Illinois, Heather White, University of Wisconsin and Lance Baumgard, Iowa State University.

Other presenters include: Mary Beth Hall, USDA Forage Research Center, provided information on the new NASEM carbohydrate nutrient requirements. Gavin Staley, Diamond V, covered why heifer maturity matters to lifetime performance. Jesse Goff, Iowa State University, covered pitfalls when feeding a low DCAD diet. Milk Money CEO Jay Joy discussed how to develop your business by developing your people and Mark Hanigan, Virginia Tech, showed how to balance for amino acids using the NASEM 2021 model.

Also included are: Post-conference symposium speakers Jeff Firkins, Ohio State University, who discussed about the role of essential isoacids to improve rumen function. Andrew LePiere discussed quantifying and modeling branch chain VFA in CNCPS and Dana Tomlinson showed how essential isoacids can improve dairy profitability.

The cost for the virtual program will be $150 and will include access to the recordings until December 1, 2022. All the presentations, including the breakout sessions handouts are included. Here is the link to register for the conference.  After registering we will email you the link with a password to access the virtual program.

This is a collaborative effort of Extension Services of Iowa State University, University of Illinois, University of Minnesota and University of Wisconsin.

If you have questions on the conference, feel free to contact me at salfe001@umn.edu or 612.360.4506.

 

Continue reading ““Best of” Four-State Dairy Nutrition and Management Conference Offered”

Corn Silage Webinar Series begins Tonight

Those who feed and harvest corn silage can get an update on the latest trends and technology during an upcoming webinar series with Iowa State University Extension and Outreach.

The series begins Aug. 2 with a focus on silage processing, followed by cover crop forages on Aug. 9, forage storage Aug. 16 and forage feeding Aug. 23.

With feed prices rising, forages are expected to play an important role in livestock rations. Specialists with ISU Extension and Outreach, farmers and industry professionals will explain how to improve corn silage efficiency and quality.

Continue reading “Corn Silage Webinar Series begins Tonight”