Here is a look at news affecting a dairy producer's bottom line: Class I base price falls for December, GDT index up 1.9%, USDA extends application deadline for Organic Dairy Marketing Assistance until Dec. 13, and SNAP Healthy Fluid Milk Incentive program expands to 1,150 stores in 32 states by 2025.

After peaking last month, U.S. dairy producer milk checks in many marketing areas are likely headed lower during the fourth quarter of the year.

Here are some updates in dairy news this week.

Dairy producers visiting World Dairy Expo are seeing some of the best cows in the U.S. Returning home, many could see some of the strongest milk checks in almost two years.

In the Economic Update, the Class I base price hits two-year high in October, fluid milk sales continue upward trend, and the USDA launches an assistance network to support financially distressed farmers.

Monthly Class III-IV milk prices are the highest since the closing months of 2022, a sign Federal Milk Marketing Orders (FMMOs) will post stronger blend prices for August milk marketings.

Here is a look at news impacting the bottom line of dairy operations in the third week of August 2024.