Milk production and milk prices increased as feed costs lowered in February, according to USDA.
Here are some short news items from and for the forage industry:
• U.S. dairy farmers seem to have responded to stronger milk prices and lower feed costs this month by producing more milk than they did last February. In its latest Livestock, Dairy & Poultry Outlook, USDA’s Economic Research Service is forecasting national milk production of 205 billion pounds this month, up roughly 2% from February 2013 production. The national all-milk price for February is forecast at $20.85-21.55/cwt.
• Look for retail gasoline and diesel fuel prices to continue falling during the next two years. The February Short-Term Energy Outlook from the U.S. Energy Information Administration projects that the average price of gasoline will be $3.44/gal this year and $3.37 in 2015. Those prices compare to $3.51/gal in 2013 and $3.63/gal in 2012. Diesel fuel prices, which averaged $3.92/gal in 2013, are projected to average $3.83 in 2014 and $3.73 in 2015.
• Proceedings from Midwest Forage Association (MFA) Tour de Forage winter meetings, held earlier this month, are now available for $15/MFA member and $55/non-member. To order, call the MFA office at 651-484-3888. See agendas for each meeting here.
• Midwestern alfalfa growers, Extension agents and crop consultants are being asked to complete a survey on winterkill. Its goal: to increase industry understanding of how growers affected by winterkill dealt with damaged acres and how they will handle those acres this spring. The survey was developed by La Crosse Seed in conjunction with University of Wisconsin Extension forage specialist Dan Undersander and the Midwest Forage Association. Survey results will be made available to those responding. To encourage participation, Cabela’s gift card prizes of $500, $250 and $100 will be awarded three respondents. To learn more and/or to complete the survey, click here.
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