Articles Tagged with ''dairy''

Producers will have an extra week to sign up for Dairy Margin Coverage and the Market Facilitation Program.

The U.S. agriculture sector — from pork producers to vegetable farmers — is relishing House Speaker Nancy Pelosi’s agreement to a deal on the U.S.-Mexico-Canada Agreement, but farm groups won’t be satisfied until the House and Senate ratify the trade pact.

House Speaker Nancy Pelosi and Democratic leaders gave the green light on Tuesday to a revised U.S.-Mexico-Canada Agreement and, according to House Ways and Means Committee Chairman Richard Neal, a floor vote on the new North American pact could get a floor vote next week.

U.S. dairy farms welcome a jump in milk prices, but market joy is clouded by a battering of feed crops, long-term economic stress for many, and probable disappearance of USDA payments.

Though a grocery shopper may remain oblivious to the financial collapse of Dean Foods, a major milk processor and manufacturer, the industry is guessing how the firm's trip though Chapter 11 bankruptcy and expected sale to the Dairy Farmers of America will all shake out.

U.S. dairy farmers are finally experiencing some price relief after four years of an economic downturn in which many farmers struggled to break even. But ongoing economic pressures will require farmers to leave no stone unturned as they seek to become more resilient.

The largest dairy milk producer in the U.S. has begun Chapter 11 bankruptcy proceedings, citing “a challenging operating environment marked by continuing declines in consumer milk consumption.”

The U.S. Supreme Court will hear arguments in a Clean Water Act case with major implications for agriculture, while farm groups who back a bipartisan ag labor bill will be lobbying lawmakers ahead of an expected House committee debate.

The Trump administration’s trade assistance package and other government payments are keeping the farm economy afloat, while historically low interest rates are helping maintain agricultural land values, according to bankers and economists.

Krysta Harden, an Obama administration USDA official and veteran ag lobbyist, says consumer concerns over the environmental impact of dairy production aren’t going away any time soon.