This week in DairyProfit Weekly: Oct. 22, 2012

This week in DairyProfit Weekly:

1) California – a formula for failure? Farmers rallied again for changes to the state’s Class 4b milk pricing formula. CDFA offered a website post and statement; MPC leader suggested CDFA might be clueless.

 

2) DPW Trends: The November federal order Class I base milk price is $20.70/cwt., up $1.82 from October  and the highest Class I base since September 2011. The value of August 2012 U.S. dairy exports rebounded, surpassing $400 million for the 18th consecutive month. 

 

3) DPW Numbers: It’s not surprising U.S. female dairy cattle exports topped 3,000 head in August – that’s happened in 27 of the last 32 months. More surprising is the country leading all importers – Angola. 

 

4) DPW Industry: The Milk Processor Education Program will team again this year with PEANUTS® characters to help increase milk sales with the “Chocolate Milk: The Official Drink of Halloween” promotion.

 

5) DPW Washington: With a new fiscal year, the USDA Risk Management Agency again has money for the Livestock Gross Margin-Dairy (LGM-Dairy) margin insurance program. Policies will be offered Oct. 26.

 

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Dave Natzke, Editor

Editorial Director – DairyBusiness Communications

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