Based on Class III-IV milk futures prices, depooling incentives flip back to Class IV milk handlers in May and June.

Corn and soybean meal price projections are lower, but on-farm hay inventories are down.

The Coca-Cola Company will build a new $650 million fairlife production facility in Monroe County, New York.

March 2023 Dairy Margin Coverage (DMC) program indemnity payments will top $126 million, boosting payments for the first three months of the year to more than $305 million.

Weaker milk prices and tighter milk margins have curtailed escalating national average cow prices.

NMPF will pursue two other components of its FMMO proposal outside of the federal order hearing process.

The EPA is considering rescinding a 2019 reporting exemption of air emissions from animal waste.

If and once a hearing is granted, multiple steps mean any proposed FMMO changes would be subject to a producer referendum in late summer 2024, at the earliest.

The March 2023 announced U.S. average milk price fell 50 cents from February to $21.10 per cwt, the lowest since November 2021.