Tridge summary
The US dairy industry has faced challenges such as supply chain disruptions leading to milk dumping during the pandemic. In support of National Dairy Month, the US Department of Agriculture (USDA) has introduced the Organic Dairy Marketing Assistance Program (ODMAP), providing $104 million to organic dairy operations for marketing costs, open from May 24 to July 26, 2023. Additionally, the USDA has been funding the Dairy Business Innovation (DBI) Initiatives since 2019, aiding dairy businesses in product development and distribution.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The last few years have seen the US dairy industry weather some storms, including an unprecedented global pandemic and the related supply chain disruptions, which forced producers to dump millions of gallons of milk that no longer had a market, according to a recent press release from the US Department of Agriculture (USDA). In light of National Dairy Month, celebrated in June, the news release highlights the USDA's continued support for the industry. In January, for instance, USDA announced the new Organic Dairy Marketing Assistance Program (ODMAP). ODMAP was established to help mitigate market volatility, higher input and transportation costs, and unstable feed supply and prices that have created unique hardships in the organic dairy industry. Under ODMAP, USDA’s Farm Service Agency is making $104 million available to organic dairy operations to assist with marketing costs. ODMAP began May 24 and runs through July 26, 2023. Furthermore, since its inception in 2019, the USDA said ...
Source: The Cattle Site
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.