The USDA’s December World Ag Supply and Demand Estimates and Crop Production reports provide production and price forecasts.

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

Reminder: Dairy producers can enroll and make 2023 DMC coverage elections through Dec. 9 at USDA Farm Service Agency offices.

The Dairy Margin Coverage program October margin will be announced on Nov. 30. Check back with Progressive Dairy.

Digest highlights

Proposed WIC revisions disappointing for dairy

September fluid sales lower

MDVA’s Reames named to EPA advisory committee

NMPF: Infant formula import waiver should expire

Dairy markets have fluctuated in recent weeks. With the calendar turning to December, a couple of dairy risk management deadlines are approaching quickly.

The USDA’s monthly World Ag Supply and Demand Estimates and Crop Production reports provide production and price forecasts.

The USDA has expanded its Healthy Fluid Milk Incentives Projects (HFMIP), a pilot program that helps participants in the Supplemental Nutrition Assistance Program (SNAP) purchase more milk.