Dairy News
Economic Update: Congress releases first six budget bills, including agriculture
The all-milk and mailbox price spread widened last November while FSA interest rates continue downward this month.
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January DMC margin is $8.48 per cwt
Lower feed costs lessened the blow of suppressed milk prices in January, yet combined, triggered the first DMC payment for 2024.
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February FMMO milk class prices inch higher
Milk checks for February milk production should reflect slightly higher Federal Milk Marketing Order (FMMO) Class II, III and IV milk prices, offset by a lower Class I milk price.
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Economic Update: March 2024 Class I base price improves
Federal government looks to extend funding while USDEC identifies five key points for dairy exports in 2024.
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Dairy risk management calendar: March 2024
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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2024 DMC program enrollment to begin Feb. 28
Payments that were triggered in January will be dispersed as soon as March 4.
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January culling hits 5-month high but slowdown continues
Dairy cull cow marketing highest since August 2023.
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