Milk Marketing
High Class I milk utilization regions saw price declines, while the stronger Class III price pushed uniform prices higher elsewhere.
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January 2025 FMMO milk class prices mixed
Federal Milk Marketing Order (FMMO) uniform prices should improve somewhat for January, depending on regional utilization.
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December rounds out 2024 with no DMC payment
Margins held on for the last month of 2024 as December’s milk price and feed costs largely offset each other for a DMC margin of $13.38 per hundredweight.
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Dairy risk management calendar: February 2025
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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December 2024 FMMO uniform milk prices decline
FMMO marketing area uniform milk prices declined in December, in most cases dropping by more than $1 per cwt from November. Weaker milk class prices and Class IV depooling played a role.
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December WASDE report forecasts lower milk production
The milk production forecast for 2024 is lowered from last month, with lower milk cow inventories and lower expected milk per cow based on the most recent Milk Production report.
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All December 2024 FMMO milk class prices lower
Weaker milk class prices will pressure Federal Milk Marketing Order (FMMO) uniform prices down for the final month of the year.
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November DMC margin settles at $14.29
Dairy margins deteriorated some in November as milk prices fell and feed costs were mixed throughout the month, leading to a DMC margin of $14.29 per cwt.
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