Today's weather by Mark Sterling at MAC
Read today's market report.
The competition provides an opportunity for individuals to showcase ideas and business innovations in agriculture.
“The Mexican election was historic and also injects new elements into the already complicated U.S.-Mexico trading relationship and global grain markets.”
Ranchers by the hundreds are set to gather Sept. 5-6 at the Big Horn Resort near Billings, MT, for the Cattle Producer’s Forum. The traditional protein producers will be focused on combatting “the rising trend” of plant-based and lab-grown protein alternatives.
These purchases are part of the normal operations of administering Section 32 and are not related or associated with the authority or administration of possible purchases under Section 5 of the Commodity Credit Corporation related to trade mitigation.
“Our goal is to remind legislators that farmers markets stimulate the local economy, foster community development, and support the health and well-being of community residents.”
A Michigan firm creates a $40 million agribusiness company with second acquisition.
The decline in covered milk is likely due to farmers opting to purchase protection as close to 5 million pounds as possible – the average volume of covered milk per farm is slightly higher than 6 million pounds.
The plant will bring more than 250 jobs and use 8 million pounds of milk per day to produce 800,000 pounds of cheese per day.
A new dairy insurance service from American Farm Bureau Insurance Services (AFBIS) will bring an extra level of support to a dairy sector that has been battered by losses over the past four years. AFBIS’ Dairy Revenue Protection insurance policy, available by early October, covers potential revenue loss over five quarterly insurance periods.
Farmers are reluctant to ask for lower cash rents because of competition for farmland and the fear of losing farmland. As a group, farmers appear to be pursuing a strategy of taking current losses on rented farmland in the hopes of higher returns in future years.
Recent market upticks, along with new proposed dairy processing in Michigan, are signaling a new light of hope for dairy farmers as they battle through one of the longest downturns in dairy marketing in recent history.
It’s still too dry for most of your Field Focus reporters as we reach mid-August. But they remain optimistic and are looking forward to fall harvest right around the corner.
Welcome to the 2018 Field Focus feature. This year, six of our seven reporters are members of ProFile, a leadership development program of Michigan Farm Bureau. In each print edition of Michigan Farm News through the growing season, these young farmers will tell you about conditions on their farms and their regions.