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Home » Topics » Dairy News » Dairy Industry Issues

Dairy Industry Issues
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Economic Update: October FMMO milk class prices diverge

Meeting this week, the Federal Reserve Board’s Federal Open Market Committee (FOMC) held interest rates steady.
November 2, 2023
Dave Natzke

Struggling cheese and protein prices weakened the Class III price, offsetting strong butterfat and Class IV prices and widening the Class III-IV price spread, adding substantial Class IV depooling incentives.


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Producers agree on preferred changes to Class I mover

November 2, 2023
Kimmi Devaney

While producer opinions differed greatly on most proposals during the Federal Milk Marketing Order (FMMO) Pricing Formula Hearing, one potential change that many agreed with is the need to return to the “higher of” Class III or IV in the Class I mover formula.


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September DMC margin hits $8.44 per cwt

Overall U.S. average feed costs were lower and milk prices were up, pushing the milk income margin to the highest level since December 2022.
October 31, 2023
Dave Natzke

The USDA National Agricultural Statistics Service (NASS) released its latest Ag Prices report on Oct. 31, including factors used to calculate September 2023 Dairy Margin Coverage (DMC) margins and indemnity payments.


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Weekly Digest: House ag appropriations, farm bill timelines proposed

The USDA’s Organic Livestock and Poultry Standards final rule has been released.
October 30, 2023
Dave Natzke

Here is a brief look at the news affecting dairy producers as October 2023 comes to a close.


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Weekly Digest: Proposal elevates USDA organic dairy programs, data collection

September U.S. dairy cull cow marketing slowed to a 15-month low.
October 20, 2023
Dave Natzke

USDA organic dairy programs, production data collection and risk management support would increase under a bill introduced in the Senate.


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September milk production lower as cow numbers decline

The U.S. dairy herd is the smallest since January 2022, pulling year-over-year milk production down for a third straight month.
October 20, 2023
Dave Natzke

Contributing to the smaller milking herd, about 2.38 million head of dairy cull cows were marketed through U.S. slaughter plants during January-September 2023, up about 101,500 from the same period in 2022.


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Weekly Digest: GDT index increases again

September milk production estimates will be released late this week.
October 19, 2023
Dave Natzke

Here is a brief look at the news affecting dairy producers during the third week of October 2023.


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September milk checks should improve

Uniform prices improved in all marketing areas, with only small gains in Class IV milk pooling.
October 16, 2023
Dave Natzke

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


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Walmart to build $350 million fluid milk processing plant in Georgia

The products from the facility will serve more than 750 Walmart stores and Sam’s Clubs in the Southeast.
October 16, 2023
Dave Natzke

Georgia currently has two fluid milk processors in Atlanta and Lawrenceville. Those two processors only use a portion of the state's growing milk production.


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Economic Update: Dairy Forward Pricing Program has expired, for now

Oct. 16 is the deadline to sign up for the USDA’s Milk Loss Program.
October 13, 2023
Dave Natzke

With congressional failure to approve a 2023 Farm Bill, new milk supply contracts under the Dairy Forward Pricing Program are no longer authorized.


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