Sustainability Matt

Candidly sharing years of experience as a consultant in dairy supply chains. Helping brands & farms sell Sustainability as a Service #BetterTheWorld #Profitably

[Sustainability Matt @DairyAnalyst]

Hi X, https://t.co/mv110xgvqM's Sustainability Team is proud to announce the completion of our software. Our tech creates accurate carbon footprints, eliminating error. Please celebrate this key milestone with us by clicking on the press release below! https://t.co/KurMvpeU7T

[Sustainability Matt @DairyAnalyst]

@Tom_Clarke HI Tom, we're doing this now in the U.S. We call them "Sustainably Sourced Dairy Ingredients." Priced to value (which mostly originates at the farm level). DM me if you would like to discuss.

[Sustainability Matt @DairyAnalyst]

@GHGGuru The consequences of this are big for food companies with 2025, 2030 GHG goals. At many, the plan has been to ride the plant-based trend and have consumers switch to plant-based dairy. Doesn't work if consumers have tapped out.

[Sustainability Matt @DairyAnalyst]

It's going to be awesome. Shelby comes from Farm Bureau and was instrumental in their sustainability policy. Will has raised $$ billions for farm investment all over the world, including Australia and South America.

Here is the link
Shttps://bit.ly/3P9iVIE

[Sustainability Matt @DairyAnalyst]

Hello X network, I'd like to share some updates

For the last 2+ years, I've been working with dairy companies to develop what I call "big-tent" sustainability solutions. What started as just me has grown/is growing quickly and is now a team of 6 and growing. We're hiring!!

[Sustainability Matt @DairyAnalyst]

As its own business unit, we also now have a name: Sustainability by https://t.co/mv110xgvqM. And as part of the kickoff, we are hosting a webinar tomorrow called Sowing Sustainability: ESG in Food and Commodity Agriculture

When? August 31st, 2023 at 2:00 central.

[Sustainability Matt @DairyAnalyst]

@ronh999dairy Ron, I think we can mostly blame it on California. Total USA output was revised up 110 million lbs from 18,515 million lbs to 18,625 million lbs. California output increased from 3,337 million to 3,449 million lbs (+112 million lbs)

[Sustainability Matt @DairyAnalyst]

@milkin4money @marinbozic @WolfCA3 @jdairyscience Love it Curtis. This is great. I would consider changing your third 'S' (#3) to "substitutes" because it's the increase in water sales, RTD beverages, almond milk, oat milk (and other beverages) that have driven the decline in sales.

[Ever.Ag @_EverAg]

Brian Fletcher and Chief Market Analyst Matt Gould @DairyAnalyst review the https://t.co/BhqC05mkWO Monthly Forecast. See the video details for Matt's report.

https://t.co/CeJWLarL6k

[Marin Bozic @marinbozic]

In California, administrative judge just ruled that petition to sunset the dairy quota program must proceed to a producer referendum. If approved on the referendum, the QIP would sunset on March 1, 2025.
@DairyAnalyst
and I worked on this in 2019: https://t.co/l6I9Qvbq5M

[Sustainability Matt @DairyAnalyst]

Why do we keep making wrong market predictions? "Regarding dairy markets, I’ve never seen the damage from this psychological bias be as severe as it has been in 2020." A big thank you to @HoardsDairyman
https://t.co/0hlOf7eFtF

[Sustainability Matt @DairyAnalyst]

@New10_AgEcon If EPA measured net emissions from dairy, the industry will be net-negative one day and it's working towards that.

[Sustainability Matt @DairyAnalyst]

@New10_AgEcon John, made it through the ag section. My concern is this- the way that EPA calculates emissions treats cows separately from the feed source. The current methodology is emissions/cow meaning the only way dairy could get to net 0 emissions it to have 0 cows.

[Sustainability Matt @DairyAnalyst]

@New10_AgEcon In an ag system where we are building soils and producing milk, dairy could become a carbon sink. But an analysis like this would still say dairy was part of the problem, not the solution.

[Sustainability Matt @DairyAnalyst]

@New10_AgEcon John, one of the things that always bothers me about these analyses is that I've never seen them address net emissions. Cows eat forage (which removed CO2 from the atmosphere).

[Sustainability Matt @DairyAnalyst]

@BKFletch @TheRiceDairy team: Details and Our Analysis of USDA program to buy dairy products. Estimate USDA purchasing more than 2% of USA milk production in June. #RecordCheesePrice #21DollarMilk

https://t.co/bMPoDFNl5M

[Sustainability Matt @DairyAnalyst]

@New10_AgEcon @FarmBureau @FBMarketIntel @New10_AgEcon do you have any follow up on this? Looks like USDA doesn't want to pay out for hedged milk. But even hedged milk has basis risk ( i.e. price risk). So just no to forward contracted milk?

[Sustainability Matt @DairyAnalyst]

@ronh999dairy @marinbozic @FarmerStapel All good questions. Remember the fluid milk purchase where USDA didn't give enough time in advance and there were too few offers to fulfill the request?

[Sustainability Matt @DairyAnalyst]

USDA purchasing $3 billion but will start with $100 million per month for dairy, $100 million for meat, and $100 million for produce... Does that mean $1.0 billion for dairy spread over 10 months?

[Sustainability Matt @DairyAnalyst]

@LCTeatpuller @CowVetPaul @ronh999dairy @marinbozic @FarmerStapel I think you'll also get a meaningful payment (as part of money announced last night) -- maybe not $125k, but still tens of thousands. Need to see details of plan to know for sure

[Sustainability Matt @DairyAnalyst]

@CowVetPaul @ronh999dairy @marinbozic @FarmerStapel Yeah agreed. Neighbors of same size farm can have potentially opposite financial situations. True all the time, especially true in 2q.