DELAP Payments Processed Yesterday

I spoke to a friend at the local USDA office yesterday (she was kind enough to call me so I could put it in the Farm Side) and she said that they had processed these payments. They will be a welcome stocking stuffer (so to speak) for the nation's dairy farmers. The payments were calculated based on milk production between February and July of this year. This number will be doubled and paid at a rate of thirty-two cents per hundredweight.

Although there is no question that this is more than welcome, milk prices were $5.55 lower for that same hundredweight of milk than last year, meaning that hauling out of this hole will be a long process. (I heard estimates at a milk cooperative meeting I attended that said that it will take three years of twenty-dollar milk to even pull most farms even.) Prices have shown some slow up-ticking over the past two months, with class 3 hitting around $14.85 for December milk, which well above the low for the year. However, the all milk price for the year, according to Bob Cropp, will be.$12.75, still far below the cost of production.

Here's hoping the national and world economies recover enough over the next few months that folks can afford dairy products again....and that the big guys pay attention to the anti-trust investigations that are occurring and let some of their record profits trickle down to the folks who produce the products they peddle.