Dairy News
Lower FMMO uniform prices were offset by higher seasonal butterfat and protein tests in many areas.
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Look for 2024 DMC program enrollment details early next year
As we saw in recent years, using beginning of the year milk and feed price forecasts to determine DMC participation can be risky.
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Reduced milk per cow, cow numbers lower USDA 2023-24 milk production estimates
The milk production forecast for 2023 was lowered from last month due to slower expected growth in milk per cow.
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Weekly Digest: Bell ringing for FMMO hearing recess, school milk choices
Making a list of December 2023 dairy-related topics and checking it twice
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Weekly Digest: DMC payments, dairy export updates
The USDA’s dairy export forecast is reduced as the overall ag trade deficit grows.
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Ballot deadline is Dec. 22 for southeastern U.S. FMMO amendments
The amendments affect the Appalachian, Southeast and Florida Federal Milk Marketing Orders.
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Economic Update: Dairy downturn, interest expenses highlight 2023 USDA income forecast
The USDA’s latest milk production and price forecasts are updated late this week.
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Weekly Digest: Final decision issued for Southeast FMMOs
Meanwhile, the national hearing on Federal Milk Marketing Order (FMMO) pricing formulas resumes this week at a new location.
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October DMC margin hits 10-month high at $9.44 per cwt
Overall U.S. average feed costs were lower and milk prices were up, pushing the milk income margin to the highest level since December 2022.
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