Milk Marketing
Cow numbers and milk production continue to decline in January USDA estimates for the seventh consecutive month.
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January 2024 brought more of the same for FMMO prices, pooling
Uniform prices were lower and Class IV milk stayed out of the pool.
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Weekly Digest: Fewer dairy cows in drought areas
USDA forecast sees lower dairy income, DMC payments in 2024.
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Weekly Digest: Southeastern U.S. FMMOs amended
Changes address transportation and marketing costs in the milk-deficit region.
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Economic Update: January FMMO milk class prices mixed
Dairy producers’ milk checks based on January 2024 Federal Milk Marketing Order (FMMO) blended milk class prices will likely be smaller this month.
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December DMC margin is $8.44 per cwt
A small increase in U.S. average feed costs and lower milk prices combined to pressure December’s Dairy Margin Coverage (DMC) program margin lower.
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Dairy risk management calendar: February 2024
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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Milk production stayed on downward slope to end 2023
Decline continued in December, pressured by lower cow numbers, no output growth.
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