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The Council on Dairy Cattle Breeding (CDCB) board approved an update to the Net Merit (NM) selection indexes effective for the next triannual evaluations on Aug. 10, 2021.
With the possibility of a USDA hearing to consider revamping the Federal Milk Marketing Order (FMMO) “Class I mover” price formula, leaders of four Midwestern dairy groups unveiled a proposal which they say will improve fluid milk pricing within the FMMO system.
U.S. milk production marched into the spring flush with the highest number of cows passing through milking parlors and robots in more than three decades. The USDA’s latest Milk Production report was released on April 21, providing preliminary March estimates and revised February totals.
Editor's note: The original article has been updated to include comments from the International Dairy Foods Association.
With the two-year anniversary of the implementation of the change in the Federal Milk Marketing Order (FMMO) Class I skim milk price formula near, the National Milk Producers Federation (NMPF) is closer to asking the USDA for an emergency expedited hearing to address the issue. Proposals from other organizations regarding the Class I pricing formula and other FMMO reforms may be forthcoming as well.
Feed costs are higher, and labor costs will be trending higher. The good news is interest rates are still low. The biggest positive factor is that milk prices have been moving higher.
In this column, Progressive Dairy summarizes issues in the news and attempts to describe how they might affect dairy farmers. Look for more extensive background and details at Progressive Dairy.
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