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Articles Tagged with ''milk pricing''

December DMC margin is $8.44 per cwt

A small increase in U.S. average feed costs and lower milk prices combined to pressure December’s Dairy Margin Coverage (DMC) program margin lower.
January 31, 2024
Dave Natzke

The USDA National Agricultural Statistics Service (NASS) released its latest Ag Prices report on Jan. 31, including factors used to calculate the December 2023 Dairy Margin Coverage (DMC) margin.


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USDA milk production, price outlooks remain stagnant

The 2024 milk production forecast was lowered from last month but price projections remains weaker, pressured by cheese and Class III milk.
January 15, 2024
Dave Natzke

The USDA’s World Ag Supply and Demand Estimates (WASDE) report and Crop Production reports identify milk and feed factors potentially impacting dairy producer income in the year ahead.


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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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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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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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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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Economic Update: Dairy downturn, interest expenses highlight 2023 USDA income forecast

The USDA’s latest milk production and price forecasts are updated late this week.
December 4, 2023
Dave Natzke

Here’s an update on economic factors impacting your dairy finances as the calendar turns to December 2023.


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Weekly Digest: November FMMO milk class prices announced

November 29, 2023
Dave Natzke

Checks for November milk production will again reflect diverging Federal Milk Marketing Order (FMMO) Class III-IV milk prices.


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October FMMO uniform prices mixed as Class IV pooling dips

Class IV pooling volume, percentage were second-lowest in past two years.
November 15, 2023
Dave Natzke

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


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