The next step in a potential formal process to modernize the Federal Milk Marketing Order (FMMO) system is next week, with a pricing-related proposal submission deadline of June 14.

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.

The USDA is providing the opportunity for interested parties to submit additional proposals regarding potential amendments to the current pricing provisions applicable to all FMMOs.

The April 2023 margin continues to be what looks like a lengthy stretch of high indemnity payments into July-August.

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

With the current academic year winding down, there’s no recess in the debate over flavored milk options served in school meal programs.

Based on Class III-IV milk futures prices, depooling incentives flip back to Class IV milk handlers in May and June.

Corn and soybean meal price projections are lower, but on-farm hay inventories are down.

The Coca-Cola Company will build a new $650 million fairlife production facility in Monroe County, New York.

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.