The annual National Cooperative Bank survey showed dairy co-ops made up 16 of the Top 100 cooperatives for revenue in 2022. Agriculture continues to lead all sectors in annual cooperative revenue.

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

With congressional failure to approve a 2023 Farm Bill, new milk supply contracts under the Dairy Forward Pricing Program are no longer authorized.

Progressive Dairy summarizes factors potentially impacting dairy producer income based on the USDA’s latest World Ag Supply and Demand Estimates (WASDE) and Crop Production reports.

Here is a brief look at the news affecting dairy producers during the second week of October 2023.

Without approval in the 2023 Farm Bill, the Dairy Margin Coverage program expires at the end of the year.

Milk checks for September production will again reflect stronger protein and Class III milk prices. That will change on October production, with struggling cheese prices weakening the Class III price and widening the Class III-IV price spread, adding substantial Class IV depooling incentives.