DairyBusiness

An (almost) daily recap of dairy information:

May 24, 2010

USDA seeks nominees for National Dairy Board

USDA is seeking nominees to serve on the National Dairy Promotion and Research Board. Nominations must be submitted by June 18, 2010.

Twelve individuals will be appointed to succeed members whose terms expire Oct. 31, 2010. The three-year terms run Nov. 1, 2010-Oct. 31, 2013.

Vilsack names National Fluid Milk Board appointees

Agriculture Secretary Tom Vilsack appointed seven members to the National Fluid Milk Processor Promotion Board. All appointees will serve three-year terms effective July 1, 2010.

Newly appointed are: Tunde Balazs, New York (Region 1); Nick Mysoré, Texas (Region 10); Henry Michon, California (Region 13); and Brian Linney, Washington (at-large processor.)

Reappointed to serve second terms are: Charles Gaither Jr., North Carolina (Region 4); James Green, Minnesota (Region 7); and Teresa Webb, New Jersey (at-large processor.)

Mobile slaughter compliance guide

USDA’s Food Safety and Inspection Service (FSIS) announced the availability of a compliance guide for mobile slaughter units. Mobile slaughter units can help producers meet consumer demand for locally grown and specialty products and can serve multiple small producers in areas where slaughter services might be unaffordable or otherwise unavailable, USDA said. The document presents recommendations and is not a regulatory requirement. Find the guide at www.fsis.usda.gov/Significant_Guidance/index.asp.

MARKETS: Butter continues slide

Closing on Monday, May 24:

Cheddar barrels – unchanged, at $1.4775/lb.

Cheddar blocks – unchanged, at $1.50/lb.

Butter – down 1.5¢, to $1.5650/lb.

Extra Grade nonfat dry milk – unchanged, at $1.29/lb.

Grade A nonfat dry milk – unchanged, at $1.30/lb.

Class III milk futures – 2¢-5¢/cwt. lower through November 2010.

INDUSTRY NEWS: DBC Business Digest

• Pioneer Hi-Bred announces Deferred Payment Loan Program for silage inoculants

• ACTION becomes No. 1 lifetime sales Jersey sire at Select Sires

• Dow AgroSciences named one of best places to work in life sciences industry

EASTERN DAIRYBUSINESS: Midwest Pulse

• Wisconsin to reconvene ‘siting law’ panel

• Baumgard named ISU professor

• 20 students named recipients of $1,000 agricultural scholarships

• JDM promotion planned in Minnesota

DAIRYLINE RADIO: Coming on Tuesday: Gould’s market outlook

The strength of the cheese market has some analysts scratching their heads, especially after bearish Milk Production and Cold Storage reports last week. University of Wisconsin-Madison dairy economist Brian Gould said the strength in cheese is “very surprising,” given higher milk production and higher cheese stocks, and with schools closing down in the near term, diverting more milk from fluid to cheese processing.

Gould thinks the market believes exports will continue to strengthen, even though the European Union is releasing interventions stocks onto the world market. Once the details of EU activity are known, that could impact the market, he said.

Read the full text of Gould’s analysis at www.dairyline.com under “Today’s Dairy News.” Or, listen to the conversation with DairyLine’s Lee Mielke by clicking on “DairyLine Daily Broadcast.”

Check for daily DPW news updates at www.dairybusiness.com. For a sample copy of Dairy Profit Weekly, or subscription information, visit www.dairyprofit.com or phone: 800-334-1904, ext. 244.

Dave Natzke, Editor