Here’s an update on economic factors impacting your dairy’s financial picture as we turn the calendar to February 2024.

The USDA National Agricultural Statistics Service (NASS) released its latest Ag Prices report on Jan. 31, including factors used to calculate the December 2023 Dairy Margin Coverage (DMC) margin.

The USDA’s World Ag Supply and Demand Estimates (WASDE) report and Crop Production reports identify milk and feed factors potentially impacting dairy producer income in the year ahead.

Milk checks for December milk production will reflect lower Federal Milk Marketing Order (FMMO) milk class prices.

Here’s an update on economic factors impacting your dairy profitability during the first week of January 2024.

Here’s an update on economic factors impacting your dairy profitability as we approach Christmas of 2023.

Here’s Progressive Dairy’s monthly review of November FMMO data to provide some additional transparency to your milk check.

From this week's USDA World Ag Supply and Demand Estimates (WASDE) and Crop Production reports, Progressive Dairy summarizes factors potentially impacting dairy producer income.

Here’s an update on economic factors impacting your dairy finances as the calendar turns to December 2023.

Checks for November milk production will again reflect diverging Federal Milk Marketing Order (FMMO) Class III-IV milk prices.