University of Wisconsin Extension have been working on improving the software system developed last summer where producers can use farm-specific estimated regression models to forecast their own mailbox price for 12 mon
In early August, the United States Department of Agriculture published the milk margin for May/June 2016 and it was $5.76. The calculated USDA milk margin is used in the Margin Protection Program for Dairy (MPP) to det
The headline of a recent business blog "The REAL shocking costs of dead inventory" by Eric Jensen may cause you to stop and think about how this issue could be related to dairy farms. In Jensen's blog,
U.S. free trade agreements since 1984 have had an overall positive effect on trade balances, reducing U.S. trade deficits or boosting surpluses with partner countries by $87.5 billion in 2015, a new government study sho
In the current dairy economy, we must scrutinize every purchase and product use. Since feed represents such a significant expense to the dairy, evaluation of the ration and the cost effectiveness of each ingredient are
When the winds of change blow through U.S. agriculture, general feelings of optimism and pessimism can be sensed. But until now, there has not been a method of quantifying those attitudes. Nebraska-based agricultural ec
Well-managed and properly implemented feeding programs are one of the cornerstones associated with profitable dairy operations. With feed costs representing approximately half of the cost for producing milk, profitabili
Farmers and ranchers affected by wildfires are in desperate need of hay and other supplies. Blizzard conditions this past weekend in states north also created need for forage and government disaster assistance.
With harvest approaching, questions on whether crop insurance will make payments this year are beginning to arise, particularly for corn where the prospects are for the harvest price to be below the projected price.