With recent forecasts predicting lower milk prices and tighter dairy income margins ahead, is 2023 the year you explore dairy risk management options? 

Progressive Dairy summarizes issues in the news and attempts to describe how they might affect dairy farmers.

Dairy heifer and hay export volumes were lower in October.

Digest highlights

• Petition seeks higher transportation credits in southeastern U.S. FMMOs
• USDA publishes ‘cattle contracts library’ rule
• Other news, briefly

The Dairy Margin Coverage program October margin will be announced on Nov. 30. Check back with Progressive Dairy.

On Nov. 2, U.S. Secretary of Agriculture Tom Vilsack announced over $223 million in grants and loans to support small to midsized meat processing facilities.

• NMPF endorses FMMO modernization provisions
• November 2022 Class I base price rebounds
• USDA expands SNAP Dairy Incentive Program 
• Vitaliano: Production growth evident
• Dairy cull cow marketing down in September
• USDA establishing regional networks for organic transition
• September DMC numbers coming next Monday

Finding consensus on FMMO issues hasn’t been easy.

• 2023 DMC enrollment period closes Dec. 9
• Continue using current Form I-9
• USDA extends comment period for organic livestock handling rules
• Proposal blocks SEC GHG emission disclosure requirements for farms