Fmmo - Articles - Page 12

I-29 Corridor: Sustaining a stable and strong pulse

The region’s outlook is heavily dependent on two primary issues – feed availability and cost, and processing capacity.

March 1, 2023

Running through the heart of the north-central U.S. and bordering three of the nation’s 24 major dairy states, Interstate 29 (I-29) is a strong vein from which to measure the pulse of the industry.

Mideast: Financial picture has an undercurrent

With ample water, the region has many advantages, creating opportunities for growth. Building on those strengths will require industry partnerships that can produce value and increase markets.

March 1, 2023

Dave Natzke

Beyond sharing Great Lakes’ shorelines, dairy producers in Indiana, Michigan and Ohio have a lot in common. Most were aided by the wave of higher milk prices in 2022, putting them in their best financial positions in years.

2023 State of Dairy

The economic state of U.S. dairy: 2023 will differ from 2022

2023 will be different from 2022, particularly from a dairy farmer financial perspective. It will put further emphasis on the critical importance of producers making the fullest use of available risk management tools.

March 1, 2023

Peter Vitaliano

Production growth, dairy price inflation and the strength of exports will be key features of the 2023 dairy producer financial picture.

Southeast: The future hinges on marketing changes

The continuing decline in fluid milk sales creates challenges for producers and processors alike. That’s amplified by higher costs and tight labor supplies, leading to fewer markets and lower production.

March 1, 2023

Dave Natzke

Milk produced and marketed in the 11 states in the southeastern U.S. is pooled on the Appalachian, Southeast and Florida Federal Milk Marketing Orders (FMMOs).

Economic update: March 2023 Class I base price dips below $19

It’s the end of the month, with lots of numbers to digest and even more to come. Here’s an update of those impacting your dairy income as February came to a close.

February 27, 2023

Dave Natzke

March 2023’s Federal Milk Marketing Order (FMMO) advanced Class I base price moved lower, falling below $19 per hundredweight for the first time since November 2021.

Weekly Digest: 2023 DMC milk enrollment percentage up

Here is a brief look at the news affecting dairy producers for the weeks of Feb. 12-18, 2023.

February 15, 2023

Dave Natzke

Digest highlights

2023 DMC milk enrollment percentage up

House farm bill hearing held at World Ag Expo

Gillibrand announces 2023 Farm Bill dairy priorities

Coming up

January FMMOs: A little lower prices, a little more Class IV

February 15, 2023

Dave Natzke

It wasn’t a rush to the pools but Class IV represented about 12.5% of the total milk pooled in all FMMOs in January, the highest volume and percentage since last May. It probably won't last.