Dairy Industry Issues
U.S. dairy exports maintained growth trend in October 2022
Strength across all product categories supported seventh straight month of year-over-year growth.
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What Happened/What’s Next: Interest rates continue to rise
Election results will impact development of the 2023 Farm Bill.
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Farmers, dairy stakeholders found common ground at AFBF’s FMMO forum
Returning the Class I mover to the “higher of” formula draws the most consensus.
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2023 DMC enrollment deadline extended until Jan. 31
Enrollment deadline was scheduled to close on Dec. 9, 2022.
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October DMC margin moves above indemnity payment trigger
The October DMC margin is $10.71 per cwt, up more than $2 from September and well above the top Tier I indemnity payment trigger.
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