Transcripts of hearing testimony to consider changes in three Southeast U.S. Federal Milk Marketing Orders (FMMO) are now available.

Here’s an update on risk management tools available through the USDA and/or USDA’s Risk Management Agency (RMA), as well as information impacting your milk check.

Class I milk prices are headed lower but interest rates aren’t. A district court issues a limited Waters of the U.S. injunction.

California milk output was down despite increase in cow numbers.

Uniform prices were lower, the "average-of" Class I mover formula provided a small benefit on Class I prices and more Class IV milk returned to the pool.

NFU delegates called for creation of a farmer-led incentive-based milk production growth plan to match milk supply with profitable market demand.

U.S. dairy organizations prevail in a lawsuit decision reinforcing that “Gruyere” is a generic term used to market a type of cheese.

The 2023 milk production forecast was raised by 200 million pounds from last month, based on a larger cow inventory.

Digest highlights

• NMPF board advances FMMO proposal
• Appeals court rules ‘gruyere’ is generic term
• Lynn named Agri-Mark president and CEO
• GDT index, cheese price softens
• USDA offers risk management training funds
• Ag producer sentiment weakens

• February FMMO milk class prices back to 2021 levels
• Global dairy product prices declined in February
• Dairy margins ended February modestly higher
• RaboResearch: The dairy squeeze is on