• SMI closes RO balancing plant
• California overtime pay required
• Lower annual average fuel prices forecast
• FDA to continue infant formula enforcement discretion
• Edge Dairy Farmer Cooperative unveils policy priorities
• Coming up: December FMMO recap
• Other news, briefly

The spread between December Class IV and Class III FMMO milk prices tightened.

Progressive Dairy summarizes issues in the news and attempts to describe how they might affect dairy farmers.

• January 2023 Class I base price lower
• USDA awards dairy export funding
• November cull cow marketing mixed
• Butter inventories continue to shrink

Class IV pooling across all FMMOs represented about 7% of the total milk pooled. It was the ninth month so far in 2022 that Class IV pooling was below 10% of total milk pooled.

Progressive Dairy summarizes issues in the news and attempts to describe how they might affect dairy farmers.

Digest highlights

• Petition seeks higher transportation credits in southeastern U.S. FMMOs
• USDA publishes ‘cattle contracts library’ rule
• Other news, briefly

The spread between Class IV and Class III milk prices continues to decline, suggesting a reduction in Class IV depooling – but maybe not yet.