Mon, 05 May 2008 20:31:00 GMT
Total March cheese output was 834 mil. lbs., 0.7% below March 2007. Italian type cheese production was 358 mil. lbs., 1.2% below March 2007. American type cheese production was 340 mil. lb, 0.3 percent above March 2007. Butter production was 154 mil. lbs, 11.5% above March 2007.
Fri, 02 May 2008 14:35:00 GMT
The Announced Class III price for April is $16.76. This compares with $18.00 for March and $16.09 for April, 2007. A full copy of this report can be found by clicking here.
Fri, 02 May 2008 13:24:00 GMT
The Weekly average NASS dairy product prices released on May 2nd (for the week of April 26th) are the following: Blocks: $1.8460, Barrels: $1.7938, Butter: $1.3666, Nonfat Dry Milk: $1.2623, Dry Whey: $0.2615
Thu, 01 May 2008 16:47:00 GMT
The April Milk Feed Price Ratio drops to a new record low of 1.90. This compares to a March value of 2.07 which itself was a record low and an April 2008 value of 2.51 .
Wed, 23 Apr 2008 14:11:00 GMT
U.S. President George W. Bush on Tuesday called on Congress to give up its deadlocked negotiations over a $600 billion farm law and pass by Friday a one-year extension of the 2002 law, popular in farm country.
The White House proposal would erase hopes in Congress of large increases in funding for nutrition programs like food stamps and in land stewardship. Some farm lobbyists say a bill cannot pass without rewarding those popular programs.
House and Senate negotiators, meeting minutes after the White House issued Bush’s statement, said they would make a final effort to wrap up the new law. The optimism was mixed with sober words that time is short.
Mon, 21 Apr 2008 16:43:00 GMT
Prof. Bob Cropp’s April Dairy Situation and Outlook report is available in the Dairy Situation section of our website.
Thu, 17 Apr 2008 16:40:00 GMT
The House passed a one-week extension of current farm law Wednesday, hoping to give Congress more time to finish a multibillion-dollar farm bill that is stalled by a dispute over tax breaks.
Negotiations on the roughly $280 billion, five-year bill to expand agriculture and nutrition programs are in disarray with lawmakers from the House and Senate squabbling over how to pay for it. The White House says both the current House and Senate versions are too expensive and has threatened a veto if either one reaches the president’s desk with the spending intact.
Wed, 16 Apr 2008 12:18:00 GMT
The May Class I prices for California represents the sixth time in the last 7 months that this price has declined. It decreased by $1.14 to $18.78 in the north and $19.05 in the south. The May Federal Order Class I base price is released April 18.
Fri, 11 Apr 2008 15:28:00 GMT
Agriculture leaders in the U.S. House of Representatives unveiled a new farm bill proposal during a meeting Thursday with their Senate counterparts on a conference committee tasked with forming unified legislation over the next several days.
House Agriculture Committee Chairman Collin Peterson, D-Minn., told reporters that he expects Senate conferees to take the next few days to scrutinize the proposal and perhaps make a counter proposal as early as Monday.
The new House plan would go $5.5 billion over the farm bill budget, a sharp drop from the $10-billion-over figure that senators have been planning, but Peterson said he did not want to include a controversial $4 billion farm disaster program.
Thu, 10 Apr 2008 16:03:00 GMT
The U.S. House of Representatives Wednesday appointed conferees to work with senators to create a unified farm bill, laying down a blueprint for agricultural and nutrition policy for five years.
The appointment of conferees paves the way for Congress to finish work on a five-year 2008 farm bill, House Agriculture Committee ranking minority member Bob Goodlatte, R-Va., said.
Rep. Dennis Cardoza, D-Calif., said in a statement: “The appointment of conferees is a significant step towards completion of the Farm Bill.”
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