California Dairy Farmers Seek Emergency Milk Price Increase

“The significant negative margins witnessed every quarter since January 2015 have placed many producers in a dire financial situation,” says Annie AcMoody, WUD director of economic analysis in WUD’s January 18 on-line newsletter. “According to CDFA’s cost of production data, the smallest loss recorded these past three years was 23¢/cwt of milk produced during the first quarter of 2017.”

California milk production has declined in 32 of the past 36 months. Economic conditions appear even more dire going into 2018, with milk prices projected to fall below $13/cwt, yielding potential losses of $5/cwt.

Though USDA has completed the hearing process for a Federal Milk Marketing Order in California, it has not yet issued a final rule or scheduled a producer referendum. That process could take months. “California dairy families clearly need additional revenues and we believe the CDFA should provide pricing assistance while we await USDA’s final decision,” notes AcMoody.

Just this week, California Dairies, Inc., announced the closure of one of its six dairy plants due to falling milk production.

 

Any claim arising from the information contained on the eDairy News website shall be submitted to the competence of the ordinary courts of the First Judicial District of the Province of Cordoba (Primera Circunscripción Judicial de la Provincia de Cordoba), Republic of Argentina, in the city of Córdoba, excluding any other jurisdiction (Federal jurisdiction is also excluded).

*

Criteria in the moderation of comments that eDairy News will take into consideration in all its publications.

  • They will not be considered insults of any kind against anyone,, whether a user, moderator or publisher. Complaints made with the name and surname of the author of the commentary will only be accepted after confirmation by the moderator.
  • Unsubstantiated and gratuitous destructive criticism or expressions of bad taste, whether offensive, racist or xenophobic.
  • SPAM, (Insert links to web pages not related to the subject, provide emails, etc...)
  • Comments that are meaningless with the footnote or the dairy sector.

Related posts


Top