Based on Class III-IV milk futures prices, depooling incentives flip back to Class IV milk handlers in May and June.

Corn and soybean meal price projections are lower, but on-farm hay inventories are down.

The Coca-Cola Company will build a new $650 million fairlife production facility in Monroe County, New York.

March 2023 Dairy Margin Coverage (DMC) program indemnity payments will top $126 million, boosting payments for the first three months of the year to more than $305 million.

January 2023 average “mailbox” prices averaged about 82 cents per hundredweight (cwt) less than announced average “all-milk” prices for the same month.

NMPF will pursue two other components of its FMMO proposal outside of the federal order hearing process.

The EPA is considering rescinding a 2019 reporting exemption of air emissions from animal waste.

If and once a hearing is granted, multiple steps mean any proposed FMMO changes would be subject to a producer referendum in late summer 2024, at the earliest.

The March 2023 announced U.S. average milk price fell 50 cents from February to $21.10 per cwt, the lowest since November 2021.

Monthly dairy cull cow marketing hit a 36-year high in March, topping 300,000 head for just the third month since the whole-herd buyout program.