Here’s an update on risk management tools available through the USDA and/or USDA’s Risk Management Agency (RMA), as well as other information impacting your milk check.

Here’s an update on risk management tools available through the USDA and/or USDA’s Risk Management Agency (RMA), as well as other information impacting your milk check.

Here’s an update on risk management tools available through the USDA and/or USDA’s Risk Management Agency (RMA), as well as other information impacting your milk check.

Update highlights

• January FMMO Class III-IV prices lower
• Fed raises interest rate
• GDT index rises
• Ag producer sentiment starts year stronger
• Coming up

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.

The widening gap in August Federal Milk Marketing Order (FMMO) Class IV and Class III milk prices pushed Class IV pooling lower.