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The intro note is short this week: Trent and his wife, Karen, are starting on a new venture with the birth of their son, Silas Arthur. Please feel free to send wishes and notes via Feedback@DairyCast.com.
Wesley J. Smith, Award winning author and Senior Fellow in Human Rights and Bioethics at the Discovery Institute, shares this observation to a packed audience at the 2010 Animal Ag Alliance Stakeholder's Summit: Truth, Lies and Videotape: Is Activism Jeopardizing Our Food Security?
Steve Maddox, California Dairyman from RuAnn and Maddox Dairy, shares how his operations have developed and grown from 14 cows in the 1950's to now over 3400 milking cows, 650 dry cows, 4000 replacement heifers, and 2500 cows sold for breeding purposes.
It looks like the demand picture is getting a little brighter. At least the foodservice side of the picture appears to be improving according to the National Restaurant Association. Its monthly performance index, based on a survey of restaurant owners, rose above 100 in March for the first time since August 2007. Hopefully the optimism of restaurateurs can translate to high demand for dairy products and increased profit for dairy producers.
Recently released and highly anticipated USDA reports illustrated good news for the livestock community, as corn prices continue to trend downward. Hopefully with good weather for the upcoming planting season, feed input prices will remain manageable. I want to broaden our outlook today by taking a look at the business climate for dairy producers and products.
Optimism appears to be returning to our dairy industry. Although, cautious optimism may be the best way to describe it. Last week’s USDA numbers of increased dairy cows reflect some of that optimism. But until the demand picture truly brightens, we aren’t out of the wood just yet.
Our recent trip to San Antonio, Texas for the Cattle Industry Annual Convention was extremely valuable. I truly enjoyed the chance to catch up with many of you and gain your perspectives. If we weren’t able to connect in Texas, drop me a message to let me know what’s on your mind and how we can help.
Well, I am finishing up the chores then heading off to San Antonio for hopefully some sunshine, warmer weather and a great education. I hope that you have made your plans to be with us this week for the Cattle Industry Annual Convention and NCBA Trade Show.