Dairy News
May 2024 FMMO uniform prices linked to Class III price bounce
High Class I marketing areas again feel "average-of" formula pressure
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USDA outlook sees little change in 2024-25 milk production
Milk production forecasts for both 2024 and 2025 are unchanged from last month with slight adjustments to cow inventories offset by slower growth in milk output per cow.
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Dairy product exports on the up and up from April reports
A 3% increase in U.S. dairy product exports reflect continued cheese growth and improving whey and butterfat volumes to offset declines in milk powder and lactose.
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May FMMO milk class prices higher
May 2023 Federal Milk Marketing Order (FMMO) pooling estimates, uniform prices and producer price differentials are scheduled to be released on June 11-14.
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