Here’s an update on economic factors impacting your dairy’s financial picture as we begin March 2024.

February 2023 Federal Milk Marketing Order pooling estimates, uniform prices and producer price differentials are scheduled to be released on March 11-14.

Federal Milk Marketing Order (FMMO) uniform milk prices slipped lower in January, a combination of lower Class I and Class III milk class prices and continued depooling of Class IV milk.

Here’s an update on news and economic factors impacting your dairy entering the first full week of February 2024.

On Jan. 30, the Federal Milk Marketing Order (FMMO) public hearing came to a close. The national hearing, which took place in Carmel, Indiana, began back on Aug. 23, 2023, and included 12 weeks of testimony and cross-examination. Dairy groups are calling for swift action to change the Class 1 mover formula.

Here’s an update on economic factors impacting your dairy’s financial picture as we turn the calendar to February 2024.

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

Already the longest hearing in USDA history, the Federal Milk Marketing Order (FMMO) Pricing Formula Hearing still has one week to go. The hearing is in recess during the week of Jan. 22 and will resume at 8 a.m. EST on Monday, Jan. 29 at the 502 Event Center in Carmel, Indiana.