Articles Tagged with ''milk pricing''
An improved all-milk price by 50 cents coupled with mostly lower feed costs gave way to a DMC margin of $9.44, still triggering payments through the program.
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Leap day factors into milk production jump
Milk production and output per cow increase in USDA estimates due to extra “leap year” day in February.
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Economic Update: Congress releases first six budget bills, including agriculture
The all-milk and mailbox price spread widened last November while FSA interest rates continue downward this month.
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January DMC margin is $8.48 per cwt
Lower feed costs lessened the blow of suppressed milk prices in January, yet combined, triggered the first DMC payment for 2024.
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January 2024 brought more of the same for FMMO prices, pooling
Uniform prices were lower and Class IV milk stayed out of the pool.
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USDA milk production lower, offset by higher cow inventories
The 2024 milk production forecast was lowered, but recent price strength raises cheese, butter, nonfat dry milk and whey price forecasts.
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Economic Update: January FMMO milk class prices mixed
Dairy producers’ milk checks based on January 2024 Federal Milk Marketing Order (FMMO) blended milk class prices will likely be smaller this month.
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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.
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