ALTOONA, Wis. (WEAU) - The Wisconsin all milk price for October was $20.50 per hundredweight, according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. That was 60 cents higher than September’s price and $2.70 higher than last October’s price. This is the first time the Wisconsin price has exceeded $20 per cwt. since December 2014. The U.S. all milk price for October was $19.90 per cwt, 60 cents lower than Wisconsin’s price but 60 cents higher than last month’s U.S. price. All of the 24 major milk producing states had a higher price when compared with September. Idaho has the largest price increase, up $1.80, to $20.90 per cwt.
The Wisconsin hemp industry is settling fully into place. Governor Tony Evers last week signed bipartisan legislation updating the state’s hemp-growing rules to make them permanent. Growers had been working under a pilot program since 2018; about 1,250 producers raised hemp this year. State and federal laws allow permitted farmers to grow industrial hemp that contains less than 0.3 percent of THC. The governor said the legislature should ensure the continued success of the state hemp industry and open new opportunities for hemp uses.
The China Global Times – China’s state newspaper – is reporting that China wants a rollback in tariffs from the United States as part of phase-one trade deal negotiations. Such a move could slow negotiations between the nations, though President Trump last week said the countries are in the final throes of making a deal. The president is set to impose another 15 percent tariff Dec. 15 on about $156 billion of Chinese goods coming to the U.S. if a deal isn’t reached.
Members of Wisconsin’s largest farm organization will gather this week for the group’s 100th convention. The Wisconsin Farm Bureau Federation annual meeting and Young Farmer and Agricultural conference will be Friday through Monday at the Kalahari Resort and Convention Center at Wisconsin Dells. The organization will be naming a new president to replace Jim Holte; the Elk Mound farmer has announced his retirement from the position.
A reminder: Today is the deadline to return those county Farm Service Agency ballots to county FSA offices. Another deadline that’s looming is for the Dairy Margin Protection Program. Dairy farmers have until Dec. 13 to decide whether they want to enroll in the program for 2020.