11/03/2009 11:29AM
The U.S. dairy industry needs to shed an additional 200,000 head of
cattle to return to what an Ohio State University Extension dairy
economist refers to as a “state of normalcy” where production is more
in balance with domestic demand.
10/16/2009 09:34AM
The milk-feed-price (MFP) ratio, a widely used indicator of
profitability in the dairy sector, reached its lowest level in nearly
35 years in May 2009, dropping below its long-term average of 2.74 for
21 consecutive months from January 2008 through September 2009, with
reports of financial stress in the sector reaching what many consider
to be crisis proportions.
08/03/2009 01:18PM
Carl Rupp and his neighbors around Torrington, Wyo. follow the old rancher's creed: "Keep your money in your pocket."
Rupp has farmed his whole life. He lives in Goshen County, a rural spot along the Nebraska line where cattle outnumber humans 16 to 1 and you can still see the ruts cut by wagons that
07/31/2009 08:40AM
Obama Administration to raise dairy support prices, will increase dairy farmers' revenue by $243 million
WASHINGTON, July 31, 2009 - Agriculture Secretary Vilsack today announced that the Obama Administration is taking immediate action to support struggling dairy farmers by increasing the amount paid
07/23/2009 01:04PM
MANHATTAN, Kan. - Fluctuating fuel and feed costs over the past couple of years have made the business of beef production particularly challenging. To help producers maximize their resources and operations, Kansas State University Research and Extension will host a K-State Beef Conference Thursday, Aug
07/15/2009 10:02AM
LINCOLN, Neb. — Rural Nebraskans are adapting to the economic downturn by cutting back spending on luxuries, but some also are delaying medical treatment or running up credit card debt on routine expenses, according to the Nebraska Rural Poll.
The 14th annual University of Nebraska-Lincoln poll, taken
07/02/2009 02:16PM
WASHINGTON (AP) — Employers cut a larger-than-expected 467,000 jobs in June and the unemployment rate climbed to a 26-year high of 9.5 percent. Workers also saw weekly wages fall, suggesting Americans will have little appetite to spend and the economy's road to recovery will be bumpy.
The Labor Department
07/02/2009 08:57AM
Is your farm income dependent on the export market? If you are raising sweet corn, pumpkins, and other domestic vegetables, there is probably not much dependency. But if you are raising corn, soybeans, and hogs, there is a substantial impact. Even though hog profits are elusive, $32 of the value of every
06/29/2009 01:20PM
CHICAGO, June 29, 2009 - Agriculture Secretary Tom Vilsack today took part in the Obama Administration's 'United We Serve' initiative by serving lunch to kids at St. Agatha's Family Empowerment (S.A.F.E.) in Chicago, Ill. The Obama Administration's 'United We Serve' initiative is designed to make volunteerism