Dairy News
June 2024 FMMO uniform prices improve
Many milk marketing areas see highest blend prices in more than a year.
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Lower milk output per cow offsets higher cow inventories
Cheese, butter, whey and nonfat dry milk (NDM) price forecasts for 2024 are raised from the previous month on recent price strength and an expectation of tighter milk supplies.
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U.S. dairy exports struggle as May slips 5%
In May, cheese continued shining while other dairy products disproportionately weighed on the market, embodying the ebb and flow of the dairy industry this year.
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June FMMO milk class prices strengthen
June 2023 Federal Milk Marketing Order (FMMO) pooling estimates, uniform prices and producer price differentials are scheduled to be released on July 11-14.
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USDA releases proposal for Federal Milk Marketing Order reform
Dairy producers will have 60 days to submit a written public comment.
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Weekly Digest: HPAI financial assistance and testing updates for dairies
FARM Program releases new versions, and $12 million in grant funding announced for dairy initiatives.
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May DMC margin is $10.52 per cwt
No indemnity payments for the Dairy Margin Coverage program were issued for the third consecutive month. Income over feed costs continue to be favorable for dairy producers despite higher feed prices.
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