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For many Americans, work and social activities are returning to some form of pre-COVID-19 normal. So is milk marketing through the Federal Milk Marketing Order (FMMO) system. Here’s Progressive Dairy’s monthly attempt to navigate through the numbers to see how “normal” might appear on your milk check.
Here’s something we haven’t seen in quite some time: Producer price differentials (PPDs) in all applicable Federal Milk Marketing Orders (FMMOs) were positive in June. Whether it lasts is yet to be determined.
Milk price volatility continues to be a major concern for U.S. dairy producers. That volatility – along with the recent experience of large negative producer price differentials (PPDs) – can have a significant impact on net milk prices.
The milk-price risk management landscape has changed immensely over the last few years. This article takes a brief look at available programs and highlights what to consider when evaluating how to manage that risk.
