Milk Marketing
ARTICLES
June 2024 FMMO uniform prices improve
Many milk marketing areas see highest blend prices in more than a year.
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Lower milk output per cow offsets higher cow inventories
Cheese, butter, whey and nonfat dry milk (NDM) price forecasts for 2024 are raised from the previous month on recent price strength and an expectation of tighter milk supplies.
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June FMMO milk class prices strengthen
June 2023 Federal Milk Marketing Order (FMMO) pooling estimates, uniform prices and producer price differentials are scheduled to be released on July 11-14.
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USDA releases proposal for Federal Milk Marketing Order reform
Dairy producers will have 60 days to submit a written public comment.
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May DMC margin is $10.52 per cwt
No indemnity payments for the Dairy Margin Coverage program were issued for the third consecutive month. Income over feed costs continue to be favorable for dairy producers despite higher feed prices.
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Dairy risk management calendar: July 2024
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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Milk production decreases in USDA May estimates
With leap day adjustments, U.S. milk production has now declined for 10 consecutive months compared to the same months a year earlier.
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May 2024 FMMO uniform prices linked to Class III price bounce
High Class I marketing areas again feel "average-of" formula pressure
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