This week in DairyProfit Weekly: Nov. 26, 2012

Happy Thanksgiving!

This week in DairyProfit Weekly:


1) Congress is for the birds: After passing the turkey, Congress turns attention to a full plate of poultry of a different sort next week. Call it “the 12 days of lame duck.”


2) Western news: A new report describes differences in federal and California milk marketing orders; CDFA releases 2011 dairy product processing cost survey results; Washington dairies face deadline.


3) DPW Trends: Cow numbers were lower, and growth in year-over-year average monthly milk production per cow was virtually nonexistent. As a result, October 2012 U.S. milk production was down 0.1% compared to a year ago. 


4) DPW Numbers: Strong crop prices translated into higher U.S. farm wages this fall, but tight margins in livestock-related operations kept the lid on increases for workers employed in those areas.


5) DPW Washington: In addition to dairy policy reform, farmers faces their own estate tax “fiscal cliff” on Jan. 1, 2013. Next LGM-Dairy sale is Nov. 30.


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Dave Natzke, Editor

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