Class i - Articles - Page 10

Feeding cows during challenging milk prices

This summer there has been a notable discrepancy in milk pricing between Class III and IV. Now is the time to consider strategies for maximizing efficiency and avoiding extra feed costs.

October 16, 2023

Gabriela Maldini

Through the beginning of the fall, we continue to see this variation between milk protein and butterfat prices. Make a plan with your nutritionist and consultants to develop strategies that can and should be put in place to increase profits.

Economic update: Class I milk base price, culling rates hit five-month highs

The Class I milk base price rebounds in October while the year-to-date dairy cow culling rate is the highest since 1986.

September 22, 2023

Dave Natzke

The Federal Reserve Board’s Federal Open Market Committee (FOMC) voted to maintain the interest rate for federal funds at 5.5%.

Pools and schools: A look at August FMMO numbers

Thanks to higher component values, August uniform prices improved outside of high Class I utilization marketing areas.

September 18, 2023

Dave Natzke

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

FMMO hearing: Proposed changes to make allowances discussed during week 3

September 13, 2023

Kimmi Devaney

The Federal Milk Marketing Order (FMMO) Pricing Formula Hearing was in recess for the Labor Day holiday on Sept. 4, and proposals regarding potential changes to manufacturing allowances (make allowances) were a focus during the remainder of the week.

Overview of Federal Milk Marketing Order hearings

The Federal Milk Marketing Order hearing is being held Aug. 23 through Sept. 30 in Indiana.

September 12, 2023

Leonard Polzin

By being informed, involved, raising concerns and asking questions, you can influence changes that may directly impact your revenue stream.

August milk checks should be better

August 2023 FMMO pooling estimates, uniform prices and producer price differentials are scheduled to be released on Sept. 11-14.

August 31, 2023

Dave Natzke

Milk checks for August production will reflect stronger protein and Class III milk prices and the highest Class IV milk price since January. A narrower price spread between Class III-IV milk prices could start to bring more Class IV milk to FMMO pools.

Economic update: September 2023 Class I base price rebounds

July’s Dairy Margin Coverage (DMC) program margin and indemnity payments will be announced later this week.

August 28, 2023

Dave Natzke

High summer culling rates are helping kick off better milk prices this fall.

July milk prices should be the bottom

July 2023 FMMO pooling estimates, uniform prices and producer price differentials are scheduled to be released on Aug. 11-14.

August 3, 2023

Dave Natzke

Like the previous month, milk checks for July production will reflect weak protein and Class III milk prices. The wide price spread between Class III-IV milk prices means Class IV depooling will remain heavy.