Tuesday, March 28, 2017

USDA has extended the Milk Income Loss Contract program through Sept. 1, 2014, or until a new Margin Protection Program for dairy producers (MPP), established by the 2014 farm bill, is operational.

The Muskingum Watershed Conservancy District is completing negotiations for an oil and gas lease for Utica Shale development for nearly 6,700 acres at Piedmont Lake in Belmont and Harrison counties.

NOAA predicts moderate spring flood potential in Midwest; California and Southwest stuck with drought.

With current feed and milk prices, a black and white cow producing 22,000 pounds/year could net between $1,200 and $1,600.

The Margin Protection Program is designed to help farmers deal with both catastrophic conditions, such as weather extremes, and prolonged periods of low margins.

PEDv will mete a financial blow to many individual pork producers, but the tighter supply could trigger record-high industry revenues and the highest profit per head since 2005.
beef cattle on pasture

Whether the national beef herd grows or declines in the coming months will depend on cow slaughter numbers.

As of Dec. 31, 2013, Chesapeake has drilled 425 wells in the Utica, including 230 producing wells and 195 wells awaiting pipeline connection or in various stages of completion.

The three-year exclusive agreement among DuPont Pioneer, the University of Missouri and USDA-ARS will focus on precision agriculture sensors and soil mapping.

California continues to lead the U.S. in number of milk cows and overall milk production, while Ohio lost 130 licensed dairy herds in 2013.
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