Milk checks for August production will reflect stronger protein and Class III milk prices and the highest Class IV milk price since January. A narrower price spread between Class III-IV milk prices could start to bring more Class IV milk to FMMO pools.

High summer culling rates are helping kick off better milk prices this fall.

On Aug. 23, 2023, Dana Coale, deputy administrator of the USDA Agricultural Marketing Service (AMS) Dairy Program, and presiding Judge Channing D. Strother, USDA chief administrative law judge, welcomed industry representatives, USDA staff and other attendees to the first day of the National Federal Milk Marketing Order (FMMO) Pricing Formula Hearing and provided an overview of the hearing process.

Here’s Progressive Dairy’s monthly review of the numbers to provide some additional transparency to your milk check.

Like the previous month, milk checks for July production will reflect weak protein and Class III milk prices. The wide price spread between Class III-IV milk prices means Class IV depooling will remain heavy.

Milk producers in just 13 counties marketed 25% of the total Federal Milk Marketing Order (FMMO) milk marketings in December 2022.

The long-anticipated national public hearing to consider proposed amendments to Federal Milk Marketing Orders (FMMO) will begin on Aug. 23, in Carmel, Indiana.

Those looking for bright spots in this year’s dairy outlook have found their search increasingly challenging.

The national hearing on Federal Milk Marketing Order modernization proposals will convene on Aug. 23, in Carmel, Indiana.

We’re still waiting on a formal announcement regarding a national hearing on Federal Milk Marketing Order (FMMO) modernization proposals.