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FMMO hearing: Proposed changes to make allowances discussed during week 3

September 13, 2023
Kimmi Devaney

The Federal Milk Marketing Order (FMMO) Pricing Formula Hearing was in recess for the Labor Day holiday on Sept. 4, and proposals regarding potential changes to manufacturing allowances (make allowances) were a focus during the remainder of the week.


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USDA cuts 2023-24 milk production estimates, improving outlook for prices

Dairy economic storm beginning to subside but clouds remain
September 12, 2023
Dave Natzke

From this week's USDA World Ag Supply and Demand Estimates (WASDE) and Crop Production reports to Rabobank's quarterly Global Dairy update, Progressive Dairy summarizes factors potentially impacting dairy producer income.


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Weekly Digest: Are you eligible for Milk Loss Program assistance?

The USDA is offering financial assistance to eligible dairy operations for milk marketing losses due to weather events in 2020-22.
September 12, 2023
Dave Natzke

Although MLP support is targeted for individual producers, the National Milk Producers Federation (NMPF) is urging cooperatives that spread losses across their membership to inquire about eligibility.


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Overview of Federal Milk Marketing Order hearings

The Federal Milk Marketing Order hearing is being held Aug. 23 through Sept. 30 in Indiana.
September 12, 2023
Leonard Polzin

By being informed, involved, raising concerns and asking questions, you can influence changes that may directly impact your revenue stream.



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U.S. dairy product exports remain a struggle

Weak sales of low-protein whey to China’s hog industry offset other small positives. Saudi Arabia will be a big player in dairy heifer market.
September 11, 2023
Dave Natzke

May-July U.S. agriculture trade deficit is likely the largest in history.


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Economic update: USDA reduces dairy export forecast

Despite the downturn, the dairy category remains a positive compared to the overall agricultural trade balance.
September 6, 2023
Dave Natzke

Private-lender interest rates on agricultural loans are moving higher and so are rates on loans through the USDA’s Farm Service Agency.


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New school year brings significant improvements to longtime checkoff program

After 13 years of Fuel Up to Play 60, a bolstered Fuel Up platform will better address changing perspectives of dairy as a nutritious food option for youth.
September 6, 2023
Jenn Coyne

As a new school year gets underway, one of the industry’s most impactful checkoff programs is launching an improved platform to better meet the nutritional and educational needs of the country’s next generation.


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Is whole milk going back to school?

September 5, 2023
Casey Kinler

Students are back to school and whole milk might be next. For more than a decade, whole milk has been absent from cafeterias participating in the National School Lunch Program and School Breakfast Program, stemming from concern over its higher fat content compared to reduced-fat options.


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August milk checks should be better

August 2023 FMMO pooling estimates, uniform prices and producer price differentials are scheduled to be released on Sept. 11-14.
August 31, 2023
Dave Natzke

Milk checks for August production will reflect stronger protein and Class III milk prices and the highest Class IV milk price since January. A narrower price spread between Class III-IV milk prices could start to bring more Class IV milk to FMMO pools.


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Rabobank: Strong revenues, reshuffling highlight dairy’s ‘Top 20’

Surging costs and high milk prices offset strong revenues for the world’s largest dairy companies in 2022.
August 30, 2023
Dave Natzke

Among the top 20 spots, European companies increased their hold by one, to 12, with companies in the U.S., China and Canada holding two spots each.


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