In the news affecting a dairy producer's bottom line the third week of November 2025: Class I base milk price rebounds to $18.21 in December 2025, fluid milk sales move higher, GDT index drops, Latin American trade frameworks announced, and crop disaster assistance and milk loss program applications due.

Dairy producers should anticipate smaller milk checks this month, based on a preview of Federal Milk Marketing Order (FMMO) milk class prices.

After peaking in late 2022 and the first half of 2023, average monthly prices for alfalfa and premium dairy alfalfa classes of dry hay continued to soften through much of 2024. Similar trends were seen in the market for other hay.

February 2025 Federal Milk Marketing Order (FMMO) pooling estimates, uniform prices and producer price differentials are scheduled to be released on March 11-14.

In the news affecting dairy producers' bottom lines as we finish February 2025: Class I base price dips for March, legislation is introduced to improve milk pricing transparency, and Secretary of Agriculture Brooke Rollins releases funding to honor farmer contracts.