With a pre-hearing informational session held on June 16, the schedule for potential modernization of the Federal Milk Marketing Order (FMMO) system moves forward.

Three Midwest Senate Ag Committee members urged adjustments to the Dairy Margin Coverage program.

Not all of the dairy economic news is cloudy: The U.S. dairy industry grew significantly over the past two years, adding jobs, increasing wages and boosting its total impact on the U.S. economy.

After setting a three-decade high in March, April U.S. dairy cull cow marketing returned to a more normal pace.

Here’s an update on risk management tools available through the USDA and/or USDA’s Risk Management Agency (RMA), as well as other information impacting your milk check.

March 2023 Dairy Margin Coverage (DMC) program indemnity payments will top $126 million, boosting payments for the first three months of the year to more than $305 million.

The March 2023 announced U.S. average milk price fell 50 cents from February to $21.10 per cwt, the lowest since November 2021.

Monthly dairy cull cow marketing hit a 36-year high in March, topping 300,000 head for just the third month since the whole-herd buyout program.

Here’s an update on risk management tools available through the USDA and/or USDA’s Risk Management Agency (RMA), as well as other information impacting your milk check.

Factoring into dairy feed costs, 2023 dry hay acreage is expected to rebound slightly from last year’s 115-year low.