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Dairy Impact July 2023

By Cassi Worster

  • Developing and planning a four-part Spanish dairy webinar series for Spanish-speaking dairy managers, herd managers, herds persons, and employees. The goal of this effort is to teach unbiased, university-based research in the areas of reproduction, nutrition, dairy management, and milk quality so they can improve farm viability and food safety, while maintaining animal wellbeing and welfare.
  • A dairy production and management newsletter for farmers, managers, employees, and agribusiness professionals where they learned about recording drought conditions, taking and managing forage inventory, understanding impact of fatty acids on milk production, and utilizing fecal starch as a tool to determine starch digestibility. The goal is to improve farm business vitality, environmental sustainability, and food safety.
 
Source : wisc.edu

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A Reopening of the Strait of Hormuz is Bearish Long Team Diesel/Fertilizer!

Video: A Reopening of the Strait of Hormuz is Bearish Long Team Diesel/Fertilizer!


The Iran/U.S. peace deal and the reopening of the Strait of Hormuz is bearish farm diesel prices and fertilizer.
A peak in crude oil = a peak in soy oil futures + a peak in canola futures short-term.
The SpaceX IPO increased Elon Musk’s net worth by $300 billion in 1 day more than what Warren Buffet made in his entire lifetime! WOW!
The NEW Fed chairman Kevin Warsch was too hawkish and hates providing guidance and visibility on interest rates. U.S. $ Index breaks above $100.
Cattle on Feed BULLISH!
S&P Global shock- the U.S. could lose 30 million corn acres by 2050. They say we need E15 mandated now!
China has started buying U.S. soybeans, but we need more volume.