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This week in DairyProfit Weekly: April 30, 2012

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This week in DairyProfit Weekly:

1) Congress does dairy: The U.S. Senate Ag Committee approved its version a 2012 Farm Bill proposal, and the dairy title closely resembles the Dairy Security Act. The House Ag Committee’s dairy subcommittee held a hearing on dairy policies which may be included in its version of a Farm Bill later this spring.
 
2) Genetic evaluations: Debate over future dairy cattle genetic evaluations highlighted a recent Council on Dairy Cattle Breeding (CDCB) meeting.

 

3) DPW Trends: March 2012 U.S. average milk production costs were up slightly from February 2012 and about $1.26/cwt. more than March 2011. Feed costs are the biggest culprit.
 
4) DPW Numbers: March 2012 dairy product inventories in cold storage were up; February fluid milk sales were flat; and the number of states in the “$1 billion club” for annual milk sales receipts increased by two in 2011.
 
5) DPW Washington: The U.S. Department of Labor (DOL) will withdraw its proposed rule regarding youth in agriculture, a proposal many agricultural organizations had criticized as an attack on family farms.
 
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Dave Natzke, Editor
Editorial Director – DairyBusiness Communications
7221 Country Village Dr.
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