Here’s Progressive Dairy’s monthly review of December FMMO data to provide some additional transparency to your milk check.

The USDA’s World Ag Supply and Demand Estimates (WASDE) report and Crop Production reports identify milk and feed factors potentially impacting dairy producer income in the year ahead.

November 2023 U.S. agricultural export numbers revealed higher sales volumes of cheese, high-protein whey, dairy heifers and hay.

Milk checks for December milk production will reflect lower Federal Milk Marketing Order (FMMO) milk class prices.

Here’s an update on economic factors impacting your dairy profitability during the first week of January 2024.

The USDA National Agricultural Statistics Service (NASS) released its latest Ag Prices report on Dec. 29, including factors used to calculate the November 2023 Dairy Margin Coverage (DMC) margin.

Progressive Dairy provides monthly online updates of important dates, reports and factors affecting risk management decisions.

Here’s an update on economic factors impacting your dairy profitability as we approach Christmas of 2023.

The preliminary estimate of overall November U.S. milk production compared to a year earlier was down by 104 million pounds (0.6%).