Virtual Agricultural Lenders Seminar set for Nov. 10

Registration Now Open for Upcoming Seminar

Due to COVID-19 concerns, The Siouxland and Tri-State Agricultural Lenders Seminars have been combined into one virtual seminar set for Tuesday, November 10 from 10 a.m. to 3 p.m.

Lenders who serve agricultural clients – especially those who work with dairymen across the Upper Midwest – are encouraged to attend as the seminar will focus on market outlooks for livestock, grains and dairy, plus include a focus on exports and trade issues.

Continue reading “Virtual Agricultural Lenders Seminar set for Nov. 10”

Industry experts to discuss dairy outlook on the global and US dairy markets

Webinar for dairy producers and affiliated industry members Aug. 25

The I-29 Moo University Consortium welcomes Rabobank’s global dairy strategist Mary Ledman and Vice President of Dairy Research Ben Laine for a discussion on the outlook for the global and United States dairy markets during a webinar at noon on Tuesday, Aug. 25. There is no charge to attend the webinar, and it is open to all interested parties.

Continue reading “Industry experts to discuss dairy outlook on the global and US dairy markets”

Global Dairy Trade Event 256 concluded with the GDT Price Index down 3.9 Percent

Key Results

AMF index up 1.0%, average price US$4,331/MT
Butter index up 0.3%, average price US$4,144/MT
BMP not offered
Ched index up 2.6%, average price US$4,398/MT
LAC index up 4.9%, average price US$914/MT
RenCas index up 1.0%, average price US$9,987/MT
SMP index down 8.1%, average price US$2,527/MT
SWP index not available, average price not available
WMP index down 4.2%, average price US$2,797/MT

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

Global Dairy Trade Event 252 concluded with the GDT Price Index up 1.7%

Key Results

AMF index down 2.6%, average price US$4,821/MT
Butter index up 5.5%, average price US$4,250/MT
BMP not offered
Ched index up 0.6%, average price US$4,048/MT
LAC index up 0.5%, average price US$806/MT
RenCas index up 4.7%, average price US$9,375/MT
SMP index up 0.7%, average price US$3,036/MT
SWP not offered
WMP index up 2.4%, average price US$3,233/MT

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

CPI Is Strong For Dairy

The all-items Consumer Price Index (CPI) from the USDA Economic Research Service, a measure of economy-wide inflation, was down 0.1 percent from October to November 2019 and is 2.1 percent above the November 2018 level. The CPI for all food was down 0.1 percent between October and November 2019, and food prices were 2.0 percent higher than the November 2018 level. The degree of food price inflation varies depending on whether the food was purchased for consumption away from home or at home.

  • The food-away-from-home (restaurant purchases) CPI increased 0.2 percent in November and is 3.2 percent higher than November 2018; and
  • The food-at-home (grocery store or supermarket food items) CPI decreased 0.3 percent from October to November and is 1.0 percent higher than last November.

Continue reading “CPI Is Strong For Dairy”

Deadline To Register for Dairy Directions Is Dec 6

The Iowa State University (ISU) Extension and Outreach Dairy Team will host its annual Dairy Directions Series Dec. 10 in Sac City and Dec. 11 in Pocahontas.

The series will focus on replacement heifers, risk management, cooling dairy cows and updates on the dairy market and ISU dairy herd.

Continue reading “Deadline To Register for Dairy Directions Is Dec 6”

Dairy Directions Series Dec. 10-11 in Sac City and Pocahontas

The Iowa State University (ISU) Extension and Outreach Dairy Team will host its annual Dairy Directions Series Dec. 10 in Sac City and Dec. 11 in Pocahontas.

The series will focus on replacement heifers, risk management, cooling dairy cows and updates on the dairy market outlook and ISU dairy herd.

Continue reading “Dairy Directions Series Dec. 10-11 in Sac City and Pocahontas”