Lead Economist, Dairy
Corey Geiger is lead economist for dairy production and processing in CoBank’s Knowledge Exchange research division. Prior to joining CoBank, he made a career of assessing the information and leadership needs of the dairy industry as managing editor of Hoard's Dairyman magazine where he headed the editorial team of 10 and its four language editions as the publication’s seventh lead editor since 1885.
Mr. Geiger has deep dairy knowledge ranging from policymaking to international trade to Federal Milk Marketing Orders. He was elected the 65th president of Holstein Association USA and serves on the board of directors for the World Dairy Expo. Mr. Geiger is an award-winning author of two books and manages and owns a portion of his six-generation family farm in Wisconsin.
Mr. Geiger holds bachelor’s degrees in dairy science and agricultural economics from University of Wisconsin-Madison.
Just behind feed and labor, the cost of raising a dairy heifer is the third-highest expense on dairy farms.
As food producers, processors, marketers, distributors, and consumers look to effectively manage their environmental footprint and social impact, sustainability of the dairy industry is under examination. But dairy has a largely untold portion of that story: genomics.
Despite multiple systemic shocks in recent years – COVID-19, trade conflict with China, the Russia-Ukraine war, surging inflation and interest rates – our economy has performed strongly.
Once cast as nutritional villains due to their high saturated fat content, full-fat dairy products and other animal fats fell out of favor beginning in the 1970s. Nutrition research in the past 15 years suggests full-fat dairy has a much more nuanced role – and potentially protective effect – on health, and consumers have responded.
The Fed’s relentless 20-month attack on inflation has pushed long-term interest rates to their highest levels in years.
Abysmally dry weather conditions across the U.S. have led to extensive culling in the beef cow herd and will tighten beef supplies for years to come.