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NMPF Statement On USDA Support For Dairy In Climate-Smart Commodities Projects

From NMPF President and CEO Jim Mulhern:

“America’s dairy community applauds USDA’s support for the robust efforts dairy farmers are leading to develop and implement climate-smart solutions that will benefit the entire food chain, from producer to consumer. As an agricultural leader in sustainability, dairy farmers appreciate this funding that will help us meet our ambitious industry-wide goals for net-zero emissions and optimized water use.

“NMPF is especially proud of the leadership its member cooperatives are showing in these critical areas, with several initiatives receiving significant USDA support. California Dairies Inc., Dairy Farmers of America, Land O’Lakes, and the Maryland & Virginia Milk Producers Cooperative Association – who are leading or partnering on specific projects that may receive up to $245 million in funding — each should be commended for their efforts, along with other dairy groups who are seeking to build a better future through climate-smart agriculture projects.”

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USDA surprised with higher 2026 U.S. corn yields but it’s early with just over 20% of the U.S. harvest complete. NE, IA and IL corn and soybean yields continue to hold up the national average corn and soybean yields.
U.S. corn crop conditions fell 3% to 54% G-E and NE corn yield goes up 11 bpa with the 2nd wettest to record wet month of September and harvest only 15% complete??????
Some regions in the U.S. had the hottest summer in 140 years while others had record flooding?????
The Black Sea region is worse not better.
Brazilian real rally.
Brazil looks dry into November.
+ CFTC.