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Home » USDA reports

Articles Tagged with ''USDA reports''

December FMMO milk class prices lower

December 2023 Federal Milk Marketing Order (FMMO) pooling estimates, uniform prices and producer price differentials are scheduled to be released on Jan. 11-14.
January 5, 2024
Dave Natzke

Milk checks for December milk production will reflect lower Federal Milk Marketing Order (FMMO) milk class prices.


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Economic Update: Lots of dairy numbers to start the new year

Concerns over higher interest rates, input inflation and supplies are subsiding.
January 3, 2024
Dave Natzke

Here’s an update on economic factors impacting your dairy profitability during the first week of January 2024.


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November 2023 DMC margin moves above indemnity trigger

Small changes in the U.S. average feed cost and milk price were enough to push November’s Dairy Margin Coverage (DMC) margin higher.
December 29, 2023
Dave Natzke

The USDA National Agricultural Statistics Service (NASS) released its latest Ag Prices report on Dec. 29, including factors used to calculate the November 2023 Dairy Margin Coverage (DMC) margin.


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Dairy risk management calendar: January 2024

The 2024 Dairy Margin Coverage (DMC) program enrollment period should be announced soon.
December 27, 2023
Dave Natzke

Progressive Dairy provides monthly online updates of important dates, reports and factors affecting risk management decisions.


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November report on dairy cows marketed for beef

December 26, 2023
Audrey Schmitz

Dairy cull cow marketing trailed year-ago levels for 14 consecutive weeks.


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Economic Update: January 2024 Class I base price weakens

‘Average-of’ formula continues to impact price
December 20, 2023
Dave Natzke

Here’s an update on economic factors impacting your dairy profitability as we approach Christmas of 2023.


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Cow numbers, milk production continue to decline in November USDA estimates

Ten states including California, New Mexico, Texas, Pennsylvania and Colorado reduced milk production a combined 188 million pounds.
December 20, 2023
Audrey Schmitz

The preliminary estimate of overall November U.S. milk production compared to a year earlier was down by 104 million pounds (0.6%).


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November prices aided by higher components as Class IV pooling stays low

Lower FMMO uniform prices were offset by higher seasonal butterfat and protein tests in many areas.
December 15, 2023
Dave Natzke

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


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Look for 2024 DMC program enrollment details early next year

As we saw in recent years, using beginning of the year milk and feed price forecasts to determine DMC participation can be risky.
December 13, 2023
Dave Natzke

USDA Farm Service Agency (FSA) staff are working on a DMC program rule amendment, anticipating an announcement of enrollment provisions early in calendar year 2024.


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Reduced milk per cow, cow numbers lower USDA 2023-24 milk production estimates

The milk production forecast for 2023 was lowered from last month due to slower expected growth in milk per cow.
December 11, 2023
Audrey Schmitz

From this week's USDA World Ag Supply and Demand Estimates (WASDE) and Crop Production reports, Progressive Dairy summarizes factors potentially impacting dairy producer income.


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