Commodities

Positive dairy reaction as USMCA passes Senate

By Beth Newhart

After months of uncertainty, the US Mexico Canada Agreement (USMCA) has officially passed the US House and Senate. President Donald Trump said he will sign it into law next week.

“With an election year, sometimes legislative activity grinds to a halt.

NMPF outlines the legislative dairy landscape in 2020

By Beth Newhart

The National Milk Producers Federation (NMPF) projects that the USMCA bill will pass the Senate soon, followed by a greater focus on agriculture labor, transportation and infrastructure and childhood nutrition this year.

Wisconsin lost nearly 1,500 dairies in two years, despite the industry's significant contribution to the state's economy. Pic: Getty/Dcwcreations

More than 800 Wisconsin dairies closed in 2019

By Beth Newhart

Data from the Wisconsin Department of Agriculture revealed that a record 10% of dairy farms in Wisconsin shuttered last year. It topped 2018’s loss of 7.25%.

With the 2020 US election looming, the US dollar is expected to be volatile and affect global dairy. Pic: Getty/sergeyryzhov

Higher dairy prices are on the horizon

By Beth Newhart

As the year's fourth quarter wraps up, Rabobank's RaboResearch looks back on global dairy's performance in 2019, and ahead to 2020. Milk production and prices are up, leading to challenges for producers.

The deal is being reviewed by legal channels, and has not yet been signed by officials in either country. Pic: Getty/Christoph Burgstedt

US reaches new trade deal with China

By Beth Newhart

The US government announced a ‘Phase One’ trade deal on Friday that stipulates China will make substantial purchases of US goods and services in the coming years, including from agriculture.

Nestlé USA is the second largest ice cream manufacturer in the US, and Froneri will now be the second largest ice cream manufacturer in the world.

Froneri scoops Nestlé’s US ice cream division for $4bn

By Beth Newhart

Froneri started as an ice cream-focused joint venture between Nestlé and PAI Partners in 2016, and the relationship will be furthered by the acquisition of Nestlé USA’s collection of ice cream brands.

“Dairy farmers in Pennsylvania and across the US are in the fourth year of an economic downturn in which many farmers are struggling to break even.

Conservation pays on US dairy farms, even in a weak economy

By Beth Newhart

In a collaboration between the Environmental Defense Fund (EDF) and four Pennsylvania dairy farmers, a new report finds that conservation practices generally result in a farm’s good economic health. But farmers can’t do it alone.