Class i | Ag Proud

Economic Update: September 2024 Class I base price inches higher again

August 22, 2024

Dave Natzke and Karen Lee

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

July 2024 FMMO uniform prices mostly higher but Class IV pooling falls to 11-year low

The increase in actual blend prices likely limited by summer dips in fat and protein tests.

August 15, 2024

Dave Natzke

Here’s Progressive Dairy’s monthly review of July 2024 FMMO data to provide some additional transparency to your milk check.

Weekly Digest: August 2024 Class I base price inches higher

July 18, 2024

Dave Natzke and Karen Lee

Here is a look at news affecting dairy operations that occurred over the last week.

June 2024 FMMO uniform prices improve

Many milk marketing areas see highest blend prices in more than a year.

July 16, 2024

Dave Natzke

Here’s Progressive Dairy’s monthly review of June 2024 FMMO data to provide some additional transparency to your milk check.

USDA releases proposal for Federal Milk Marketing Order reform

Dairy producers will have 60 days to submit a written public comment.

July 3, 2024

Kimmi Devaney

On July 1, the USDA Agricultural Marketing Service (AMS) released its recommended decision, which proposes to amend the pricing provisions in the 11 Federal Milk Marketing Orders (FMMOs). This follows the record-breaking 49-day hearing process that began in August 2023 and concluded in late January 2024.

July 2024 Class I base price rises to 19-month high

June 21, 2024

Dave Natzke

The Federal Milk Marketing Order (FMMO) advanced Class I base price continues to rise, and there’s a change in the Class I mover formula impact, albeit small.

May 2024 FMMO uniform prices linked to Class III price bounce

High Class I marketing areas again feel "average-of" formula pressure

June 17, 2024

Dave Natzke

Here’s Progressive Dairy’s monthly review of May 2024 FMMO data to provide some additional transparency to your milk check.

May FMMO milk class prices higher

May 2023 Federal Milk Marketing Order (FMMO) pooling estimates, uniform prices and producer price differentials are scheduled to be released on June 11-14.

June 6, 2024

Dave Natzke

Milk checks for May milk production will improve thanks to a big jump in the Class III milk price, propelled by a large increase in the value of protein.

Farm bill passes House Agriculture Committee, advances to House floor

May 30, 2024

Kimmi Devaney

Led by Chairman Glenn “GT” Thompson (R-Pennsylvania), the House Committee on Agriculture approved its version of the 2024 Farm Bill with a 33-21 vote during the scheduled markup on May 23. Next, the bill will advance out of committee to the U.S. House of Representatives before the August recess.