Articles tagged under: dairy
A Push for Dairy Reform
Published April 18, 2019
Dairy industry reform was the theme for the Dairy Together Roadshow discussion in Greenwald, Minnesota. Local dairy farmers, the National Farmers Organization and state Farmers Union organizations met to discuss solutions for the dairy industry challenges. University of Minnesota Professor…Lack of Dairy Margin Coverage Details Challenge MN Dairy Farmers
Published April 7, 2019
Minnesota Milk Producers Association Executive Director Lucas Sjostrom says dairy farmers are getting more comfortable with the new Dairy Margin Coverage program, but not all agricultural lenders understand the changes for the dairy safety net. That has made securing funding …Possible Border Closure Concerns Agriculture
Published April 2, 2019
President Trump’s threat to shutdown the Mexican border has the attention of agriculture. National Milk Producers Federation President and CEO Jim Mulhern said the dairy industry is suffering through one of its worst economic times ever and the border closing…Global Economic Slowdown Influences Agriculture
Published March 29, 2019
The quarterly rural economic review from CoBank describes 2019 as “a challenging year with economic uncertainty.” The overall economic growth is slowing in the U.S. and worldwide. The CoBank report says the ongoing trade disruptions have hurt short-and-long term markets.…An Increase in Farm Bankruptcies in the Midwest
Published March 27, 2019
A report from the Minneapolis Federal Reserve Bank shows farm stress and bankruptcies have increased in the upper Midwest. The Federal Reserve ninth district reported 103 chapter 12 bankruptcies in 2018, compared to 79 the previous year. Farmers in the…Land O’Lakes Reports Net Sales Increase in ’18
Published February 28, 2019
For 2018, Land O’Lakes is reporting net sales of $14.9 billion and net earnings of $255 million. That’s compared to net sales of $13.7 billion and net earnings of $365 million in 2017. The Dairy Foods sector had strong performance,…Agropur Enjoys Sales Success
Published February 24, 2019
The Agropur dairy cooperative had sales this past year of $6.7 billion, an increase of nearly five percent from the previous year. The Canadian dairy business expanded its presence in the U.S., including a significant investment in its Lake Norden,…Peterson and Emmer Host Joint Town Hall Event in Central MN
Published February 22, 2019
Democratic Congressman Collin Peterson and Republican Congressman Tom Emmer partnered on a town hall meeting in Melrose, Minnesota on Thursday to discuss farm policy. With the new Dairy Margin Coverage program, Peterson said there has not been a better time…Prices Decline, Milk Production Grows
Published February 21, 2019
Milk production in the 23 major dairy states totaled 17.1 billion pounds in December. That’s up just under one percent from a year earlier. In Minnesota, the state cow herd declined by 6,000 head, but production still grew one percent.…