Jul 2014 Milk Prices Class I: 23.02 Class II: 24.41 Class III: 21.60 Class IV: 23.78 Calif 4a: 23.58 Calif 4b: 18.69 Aug 1, 2014 CME Spot Prices Butter Grade AA Settled/lb: 2.4000 Change: -4.0000 Block Cheese Settled/lb: 2.0000 Change: 2.2500 Barrel Cheese Settled/lb: 2.0000 Change: 1.2500 NFDM Grade A Settled/lb: 1.6500 Change: Unchanged Butter Grade AA Settled/lb: 2.4400 Change: -3.0000
Daily News
August 1
Global Dairy Prices Weakening
August 1, 2014 – FC Stone dairy broker Dave Kurzawski discussed in Friday’s DairyLine broadcast,  this week’s announcement by New Zealand-based dairy cooperative Fonterra that it has reduced its forecast Farmgate Milk Price for the 2014/15 season by $1. Chairman John Wilson said the lower forecast reflected continuing volatility, with the GlobalDairyTrade price index declining 16 […]
EU Complicates U.S.-Korea Trade Pact
July 31, 2014 — The U.S. dairy industry told the Senate Finance Committee’s trade subcommittee Tuesday that the 2010 U.S.-Korea Free Trade Agreement has further strengthened U.S. dairy exports to the Korean market, even though it is not yet fully implemented. At the same time, Shawna Morris, vice president for trade for the National Milk […]
Entry Deadline For Forage Contest Nears
July 30, 2014 — The entry deadlines this year’s World Forage Analysis Superbowl is quickly approaching. The entry deadline for the standard and brown midrib corn silage is Thursday, August 14. The deadline for all other forage samples including dairy hay, haylage, bagelage, commercial hay and grass hay is Thursday, September 4. The official entry […]
Cattle Numbers Shrink But Heifers Being Retained
July 29, 2014 — The cattle herd is still shrinking but more heifers are being retained. Cattle supplies remain tight, but a possible expansion is on the horizon. That’s the gist of two cattle reports released by USDA Friday. The number of cattle in calves was 95 million head, the lowest number since the series […]
Idaho Update
July 28, 2014 — While margins continue to be favorable for dairy producers, many are working on being on a better equity position. That includes dairy producers in Idaho where margins remain strong compared to where they have been, according to Bob Naerebout, executive director of the Idaho Dairymen’s Assn. “A lot of dairymen have taken […]
Bullish or Bearish?
July 25, 2014 – Bullish or Bearish? That was the question posed that question to HighGround Trading dairy broker Eric Meyer in Friday’s DairyLine, questioning his analysis on last Friday’s June Milk Production report which he said, fed the bears and not the bulls, but his take on Tuesday’s Cold Storage report gave a slightly different […]
Today's Show
Bill Baker
Podcast
Rumination Collars
August 1, 2014 — This week’s Feed Facts radio segment takes a look at rumination collars. University of Illinois’ Mike Hutjens tells us how this new technology measures the time a cow spends each day chewing her cud.    
Achieving Your Silage Density Target
July 31, 2014 — Imagine what your bottom line would look like if you were able to lower your operation’s shrink loss to a single digit. The “Silage Man” Keith Bolsen shares some insight into reducing shrink loss and increasing dry matter recovery with density alone in this month’s Silage Solutions podcast.      
Mindset Shifting With Drug Residues
July 30, 2014 — Dairy consultant Dr. David Rhoda joins us on today’s DairyLine to discuss the shifting mindset regarding drug residues.  
background_banner