Class IV pooling across all FMMOs represented about 7% of the total milk pooled. It was the ninth month so far in 2022 that Class IV pooling was below 10% of total milk pooled.

The USDA’s December World Ag Supply and Demand Estimates and Crop Production reports provide production and price forecasts.

The USDA’s Farm Service Agency has extended the 2023 Dairy Margin Coverage (DMC) enrollment and coverage election period until Jan. 31, 2023. The program deadline was originally scheduled to close on Dec. 9, 2022.

Digest highlights

• Petition seeks higher transportation credits in southeastern U.S. FMMOs
• USDA publishes ‘cattle contracts library’ rule
• Other news, briefly

The number of milk cows on U.S. farms was estimated at 9.42 million head in October, 31,000 head more than October 2021 and 1,000 head more than September 2022.