Thu, 02 Jul 2009 13:49:00 GMT
Cooperatives Working Together has now finished the farm audits of its
seventh herd retirement round since the program was started in 2003, removing 101,040 cows
that produced almost two billion pounds of milk.
At the completion of the on‐farm auditing process at the end of June, CWT removed 367
herds in 41 states, comprised of nearly 101,000 cows that produced 1.96 million pounds of
milk. These figures reflect the final number of dairies that successfully were audited in the herd
retirement process in May and June.
CWT had received 538 bids from 41 states during the bidding process in April. As has
been the case with its previous herd retirement rounds, most of the cows removed were in the
western regions of the country. This round also removed 818 bred heifers.
For the complete NMPF news release click
here.
Posted in News
Wed, 01 Jul 2009 14:38:00 GMT
American farmers have planted their second-largest corn acreage since 1946, the government said
Tuesday, shocking traders who thought that cold, wet spring weather in the Midwest had shrunk corn
sowings.
Corn plantings rose 1 percent from last year, to 87.035 million acres, the Agriculture Department said, up
from March estimates of 84.986 million acres and above trade estimates that averaged 83.961 million
acres.
For more detail click here.
Posted in News
Mon, 29 Jun 2009 11:52:00 GMT
On Friday, the NASS released the end-of-the month cold storage report for May. This report showed a dramatic increase in end-of-month cheese stocks. Total cheese stocks were 957 mil. lbs. compared to 914.5 mil. lbls at the end of April and 881.3 mil. lbs. at the end of May ‘08.
Posted in News
Fri, 26 Jun 2009 14:25:00 GMT
The National Milk Producers Federation today asked the U.S. Department of Agriculture to boost its purchase prices for cheese and milk powder in order to bolster the current rock-bottom milk prices that are threatening the livelihoods of thousands of dairy farmers.
In a letter sent Friday to Agriculture Secretary Tom Vilsack, NMPF requested that the USDA raise the purchase price for cheese blocks from $1.13/lb. to $1.19; raise the purchase price for barrel cheese from $1.10 to $1.16/lb.; and raise the purchase price for nonfat dry milk powder from $0.80/lb. to $0.84.
For more detail click here.
Posted in News
Wed, 24 Jun 2009 18:02:00 GMT
Over the 2009-2018
period, dairy products are expected
to remain among the agricultural
commodities for which consumption
exhibits the highest growth rates,
according to a
recent
OECD report. In spite of an expected expansion
in trade, international dairy markets
will continue to be classified as
“thin” and hence susceptible to price
swings. World exports of dairy products
are expected to grow for all
products with only a few developing
countries able to erode the shares of
the traditional OECD exporters of
New Zealand, Australia, the EU and
the US.
Posted in News
Mon, 08 Jun 2009 20:54:00 GMT
As reported in today’s
Daily Dairy Report, the EU increased export subsidies for butter by 18%, SMP by 11% and WMP by 7%. Using current exchange rates, these subsidies are 41¢/lb. for butter, 13¢/lb. for SMP, 20¢/lb. for WMP and 14¢/lb. for cheese. The Cheese subsidy was not changed.
Posted in News
Fri, 29 May 2009 11:46:00 GMT
USDA released yesterday their 2008 Annual Dairy Products production summary report. This report has been added to the website and can be obtained by clicking
here. In this report it shows that total cheese production in 2008 was 9.93 bil. lbs, with Wisconsin being the leading producer producing 25.4% of the U.S. total.
Posted in News
Fri, 22 May 2009 17:58:00 GMT
Agriculture Secretary Tom Vilsack today announced allocations under USDA’s Dairy Export Incentive Program for the July 2008 through June 30, 2009 period, as allowed under the rules of the World Trade Organization. The program helps U.S. dairy exporters meet prevailing world prices and encourages the development of international export markets in areas where U.S. dairy products are not competitive due to subsidized dairy products from other countries.
The Dairy Export Incentive Program allocations of 68,201 metric tons of nonfat dry milk; 21,097 metric tons of butterfat; 3,030 metric tons of various cheeses and 34 metric tons of other dairy products, as well as individual product and country allocations will be made available through Invitations for Offers. Country and region quantities may be limited by the invitation.
For more detail, click
here.
Posted in News
Fri, 22 May 2009 11:24:00 GMT
CWT’s field auditors have begun visiting the 388 farms that have been tentatively accepted in the program’s seventh herd retirement, as they initiate the process this week of removing nearly 103,000 cows that produced two billion pounds of milk last year.
CWT officials released more detailed information about the size and scope of the self-help program’s largest-ever herd retirement program. 60 percent of the farms selected are located east of the Mississippi River, while 79 percent of the 103,000 cows to be removed come from the Western and Southwest regions of the U.S. 81 percent of the milk removed will come from those two regions, a portion slightly higher than in the six previous CWT rounds. The Midwest accounted for 8% of milk accepted and 8% of cows accepted.
For more detail, click
here.
Posted in News
Tue, 19 May 2009 15:19:00 GMT
The USDA in today’s Federal Register,
published a proposed rule on the assessment on all dairy-based imports as specified in the 2008 Farm Bill. Interested parties will have 30 days to submit comments. The proposal will assess the equivalent of 7.5 cent per hundredweight on all dairy-based imports, including cheese and butter products, as well as dry ingredients such as casein and milk protein concentrates. The assessment will be collected by the National Dairy Board to be used for nutrition research, consumer education, issues management, and other programs that build demand for dairy consumption.
Posted in News
