Mon, 20 Sep 2010 17:07:00 GMT
Corn prices climbed above $5 a bushel last Friday as reports of a disappointing U.S. crop
proliferated, delivering an unexpected hit to already-tight global grain supplies.
As harvest results trickle in field by field across the U.S. Midwest, many farmers are reporting
that yields down from last year. This has repercussions in nations such as China, where grain
supplies are closely monitored. China is the second-biggest consumer of corn after the U.S.,
and a potentially crop-damaging frost in its northeast agricultural region triggered Friday’s
move above the $5 mark.
For more detail click here.
Posted in News
Tue, 14 Sep 2010 12:53:00 GMT
Export volume of butterfat
products in July was the second highest it’s been in the past six years; this year’s butterfat exports already exceed
last year’s but will not likely reach 2008’s all-time record. For more detail click here.
Posted in Statistics
Tue, 14 Sep 2010 12:47:00 GMT
For a fifth straight month, cheese exports in July
were the highest they’ve been in the last six years; cheddar volume is about 20% of the total. Total cheese
exports so far this year are 50% higher than they were a year ago. It appears that total exports this year will set a
record. For more detail click
here.
Posted in Statistics
Mon, 06 Sep 2010 19:25:00 GMT
USDA’s Farm Service
Agency (FSA) today announced
that the next two public meetings of
USDA’s Dairy Industry Advisory
Committee will be held September
23-24 and October 12-13, 2010,
both at USDA headquarters.
For more detail click here.
Posted in News
Mon, 06 Sep 2010 19:10:00 GMT
US cheese production
during July totaled 882.3 mil. lbs., up 4.7% from July
2009, USDA’s, NASS reported Thursday.
Cheese production during the first
seven months of 2010 totaled 6.013
bil. lbs, up 2.8%t from the first 7 months of 2009. Cheese production in the two
leading states moved in opposite
directions during July. WI’s
July cheese output totaled 221.7 mil. lbs, down 0.6% from
July 2009. In contrast, CA’s July
cheese production, at 188.4 million
pounds, was up 12.8 percent from
July 2009.
For more detail, click here.
Posted in News
Mon, 06 Sep 2010 19:07:00 GMT
US District Court
Judge Christina Reiss, in a decision
issued Monday in a dairy antitrust
case, granted some defendants’
motions to dismiss claims but denied
motions to dismiss other claims.
The case dates back to October of
2009, when a class action, antitrust
lawsuit was filed on behalf of Northeast
dairy farmers against Dairy
Farmers of America (DFA) and
Dean Foods Company. Dairy Marketing
Services (DMS), a DFA affiliate,
and HP Hood were also named
in the lawsuit.
For more detail click here.
Posted in News
Wed, 01 Sep 2010 14:39:00 GMT
Idaho’s dairy industry increased milk production by 5.3 percent in July, a rate that enabled the
state to surpass New York as the nation’s third leading milk producer. For more detail click here.
Posted in News
Fri, 27 Aug 2010 17:52:00 GMT
RMA has announced revisions to the the Livestock Gross Margin for Dairy Cattle insurance plan, approved by the Federal Crop Insurance Corporation Board at its August 12 meeting. For more detail click here.
Posted in News
Mon, 23 Aug 2010 15:11:00 GMT
The USDA’s fourth public antitrust workshop will be held Friday in Fort Collins, CO, focusing on the meat industry. For a complete agenda, click on the following.
Posted in News
Mon, 23 Aug 2010 15:05:00 GMT
Mexico raised tariffs on U.S. cheese exports last week in response to the long-standing dispute over access by Mexican trucks to U.S. roads. For more detail click
here.
Posted in News
