The status quo for pricing milk will soon change. Our senior dairy analyst from Terrain, Ben Laine, has written a new report to help producers understand the USDA's proposed changes to Federal Milk Marketing Order price formulas. For a deeper understanding of this topic, read Ben's report 👉 https://brnw.ch/21wM2a5. Below, Ben shares three things to know about the federal order reform process. 🥛
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The Beef Checkoff commissioned an independent economic analysis by Dr. Harry Kaiser of Cornell University to evaluate the program’s impact. The study found that without the Beef Checkoff from 2019–2023, domestic beef demand would have been 2.4 billion pounds (8.5%) lower per year. This highlights the program's important role in maintaining strong demand for U.S. beef. See the full study here: https://bit.ly/4dHqVKK #BeefCheckoff
Return on Investment Study
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How much is heat stress costing your dairy? With the hot summer months approaching, it's important to have a proper heat abatement strategy in place before your milk production, reproduction and herd heath suffer. Learn our top suggestions: https://ow.ly/AGkh50QLCAY
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Interested in #foodsecurity? Explore various FSP’s tools on earning warning, food price and market monitoring, modelling, and scenario analysis and #policy https://lnkd.in/eBrM5qW3
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Here it is: The final Dairy Market Update of 2023! 🎉 Dairy expert Brian Walton finishes the year with discussions of new proposed rules for subsidy arbitrage on LRP, U.S. milk production, spot dairy markets and more. GreenStone's Dairy Revenue Protection (DRP) customers have full access to these industry updates. 🐄 Check out this snippet from this week!
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Our latest forum, Food Spending and Government Budgets: Prospects for 2024, is now live on YouTube. Check out this overview of the food-related decisions coming up in the next year https://lnkd.in/e3xnwdCG
CUFPI Forum - Food Spending and Government Budgets: Prospects for 2024
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🌟 GDT Market Update - A Brief Tale 🌐 In the bustling world of global dairy trade, the GDT market spoke volumes on Dec 19, 2023. 🥛 SMP Saga: While SMP values took a gentle dip—Avg down by 1.9%, West EU by 1%, and NZ by 2.6%—we're staying vigilant in this dynamic dance. 🚀 WMP Wonders: The WMP narrative, however, paints a different picture. With an overall surge—Avg +3.3%, Regular NZ +3.7%, UHT NZ +3.4%, and West EU +2%—it's a story of ascension and growth. 🧈 Butter Brilliance: Butter, the protagonist in this chapter, steals the show. With an impressive +10.6% for Avg, +10.8% for Unsalted NZ, and +4.3% for West EU, it's a tale of substantial value gains. 📉 Quantity Chronicles: Yet, every story has its twists. Quantity sold takes a backseat with a 7.4% decrease. A momentary setback in this grand narrative. In this unfolding dairy saga, dated Dec 20, 2023, each fluctuation adds intrigue and depth. As we navigate these market tales, let's stay attuned to the rhythm of change. #GDTChronicles #DairyTales #MarketNarrative #GlobalTrade 🌐
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The Dutch #milk supply shows a growing lag in June compared to 2023, compared to the previous months. This is remarkable, considering that the Dutch summer so far has been favorable for milk production. Nevertheless, the explanation can be found in the significantly higher slaughter numbers in the first half of this year. Stay informed and get unique insights to the global dairy market with DCA Market Intelligence. Sign-up for our 14-day free trial: https://lnkd.in/eUxG4FyK #dcami #globaldairytrade #commodities #dairyindustry #dairymarket
Decline in Dutch milk supply significantly increases
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New #IJBNPA publication: What arguments in favour of & against #FoodPolicies are used by whom? A qualitative study of newspaper articles on food policies over 22y was conducted to answer this question! Check this out 👉 https://lnkd.in/dsW2JdZD
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The Government Work Report submitted to the National People's Congress at its annual session on Tuesday once again emphasized the importance of taking comprehensive steps to consolidate the foundation of food security. On the other hand, the No 1 Central Document for 2024 proposes exploring the establishment of an inter-provincial horizontal compensation mechanism for the main grain producing and marketing regions. The proposal is aimed at boosting production in the main grain growing regions by increasing economic incentives and enhancing production capacity. It also encourages the main grain marketing regions to play a more active role in ensuring food security by providing financial support for the main grain producing provinces. The rationale behind this policy is twofold.
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Today the EU Parliament in plenary session rejected the objection against a delegated act prepared by my Unit imposing clear rules on the so called “stiffening “ for certain fishery products. For non fishery people, stiffening is a technological process where fishery products, in general smoked salmon, is placed at a temperature between-7 and -12 degrees for slicing. This process shall be limited in time and the sliced products can be sold without the obligation to put “defrosted” on the label. Certain stakeholders profited of the fact that the stiffening period was not defined, for maintaining the salmon at an illegal temperature for months and selling it as fresh. We prepared a draft Delegated Regulation imposing as maximum stiffening period of 96h. The vote against the objection is a victory for the consumers. Who buys food has the right to eat a safe product, produced in a fair way, honestly and in compliance with the rules. Today is a good day.
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