Several dairy markets moved higher this week. CME NDM extended last week’s rebound alongside strength in global milk powders.
Source: Ever.Ag
Nonfat dry milk climbed $0.0550 to finish Friday at $1.8000 per pound, while SMP jumped 7.4% at Tuesday’s GDT auction. Spot blocks tumbled $0.0725 to $1.5275 per pound, while barrels and butter each added $0.0025, closing at $1.5650 and $1.4625, respectively.
We partner with Ever.Ag to provide highlights of weekly dairy market activities, along with a summary of key market indicators.
Dairy labor efficiency: Where farms can save time, money and stress
Source: Voice of Milk
Labor has always been one of the highest costs on a dairy farm, second only to feed for most operations. With ongoing labor shortages and rising wage pressures, dairy producers are being forced to take a closer look at how labor is managed and where efficiencies can be gained.
In a recent Dairy Stream episode, Brad Herkenoff, Senior Dairy Lending Specialist at Compeer Financial, shared insights into labor costs, hidden inefficiencies, automation opportunities and what the future of dairy labor may look like.
Join dairy farmers, industry professionals and agricultural leaders at the 2027 Dairy Strong conference set to take place at Lambeau Field in Green Bay. It will kick off at the Green Bay Packers Hall of Fame on Jan. 13, followed by a full day of programming on Jan. 14. Registration is now open. Secure your spot today!
We appreciate you: Member Appreciation Reception at World Dairy Expo
Source: Voice of Milk
A special member appreciation event will be held on Wednesday, Sept. 30, during World Dairy Expo to express our gratitude for your ongoing support and dedication. Join us from 5:00 p.m. to 7:00 p.m. at the Spark by Hilton Madison Central. We appreciate your commitment and drive as you, our members, are the foundation of our organization. Together, we are achieving great things for the entire dairy community. Thank you for your contributions and for helping us continue to advance dairy!
Minnesota State Fair
Source: Midwest Dairy
The Minnesota State Fair is an end-of-summer tradition, offering fairgoers unique opportunities to meet with local dairy farmers and learn more about how dairy farmers are dedicated to providing excellent care for their cows, communities, and planet. Click the link below for the full schedule.
Section 338 Tariff Takes Effect; U.S., Canada Both Pledge Escalation
Source: ST&R Trade
The U.S. has imposed its first-ever Section 338 tariff, on imports from Canada, after weeks of negotiations failed to yield an agreement to avoid it. Both sides have pledged actions that would further escalate a burgeoning trade war.