Dairy News
Dairy risk management calendar: August 2024
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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Milk production continues to decline in USDA June estimates
The preliminary estimate of overall June 2024 milk production was lower than the same month a year earlier.
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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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