Central to IDFA and WCMA petitions are make allowances, incorporated into FMMO milk pricing formulas two decades ago.

Transcripts of hearing testimony to consider changes in three Southeast U.S. Federal Milk Marketing Orders (FMMO) are now available.

Here’s an update on risk management tools available through the USDA and/or USDA’s Risk Management Agency (RMA), as well as information impacting your milk check.

Class I milk prices are headed lower but interest rates aren’t. A district court issues a limited Waters of the U.S. injunction.

California milk output was down despite increase in cow numbers.

Uniform prices were lower, the "average-of" Class I mover formula provided a small benefit on Class I prices and more Class IV milk returned to the pool.

NFU delegates called for creation of a farmer-led incentive-based milk production growth plan to match milk supply with profitable market demand.

The 2023 milk production forecast was raised by 200 million pounds from last month, based on a larger cow inventory.

Digest highlights

• NMPF board advances FMMO proposal
• Appeals court rules ‘gruyere’ is generic term
• Lynn named Agri-Mark president and CEO
• GDT index, cheese price softens
• USDA offers risk management training funds
• Ag producer sentiment weakens