John Geuss

The Federal Milk Marketing Order’s advanced payment system

December 10, 2015

Editor’s note: This is the third of four articles explaining producer payment systems for milk in the U.S. This article will analyze the Federal Milk Marketing Order’s “advanced” payment formulas and orders.

How the FMMO’s component payment system works

September 11, 2015

John Geuss

Editor’s note: This is the second of four articles explaining producer payment systems for milk in the U.S. In the June 12 edition of Progressive Dairyman, I provided an overview of the producer milk payment systems in the U.S.

Producer milk payment systems in the U.S.

June 11, 2015

John Geuss

Editor’s note: This is the first of four articles explaining producer payment systems for milk in the U.S. The vast majority of producers in the U.S. are paid by one of the three systems – the Federal Milk Marketing Order component payment system, the California payment system and the Federal Milk Marketing Order advanced payment system.

Class IV milk volatility is a sign of the future

December 11, 2014

John Geuss

The majority of milk produced in the U.S. is paid for based on the Federal Milk Marketing Order formulas. Within the federal order system, there are four classes of milk – defined below – and two payment systems: the “Advanced” system and the “Class and Component” system.

Can we tell the future by looking at the past?

September 11, 2014

John Geuss

The Federal Milk Marketing Order (FMMO) administrators publish their data in a consistent format and with standardized definitions and data collection methodologies. Together, the 10 federal orders represent more than 60 percent of the U.S. milk produced.

Component variation: The billion-dollar lost opportunity

June 11, 2014

John Geuss

The dairy industry is always changing. Shifting consumer tastes, advances in technology and increasing exports drive the current changes. Less fluid milk is consumed, more cheese is consumed, more Greek-style yogurt is consumed, and more low-moisture products such as nonfat dry milk are exported. Today’s dairy growth markets all need dairy components, not water.

Where are component prices going?

March 11, 2014

John Geuss

In 1950, the dairy industry was pretty simple. Milk was produced primarily for drinking with some used for butter churning and some for ice cream. Dairy processors were within 100 miles of their suppliers and customers. Milk that was pasteurized for drinking was only available as whole (full fat) milk. Good ice cream had high butterfat content. Producers were paid for the volume of milk they produced and maybe the butterfat content.

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Articles by John Geuss

The Federal Milk Marketing Order’s advanced payment system

How the FMMO’s component payment system works

Producer milk payment systems in the U.S.

Class IV milk volatility is a sign of the future

Can we tell the future by looking at the past?

Component variation: The billion-dollar lost opportunity

Where are component prices going?

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Une approche globale de l’efficience alimentaire à la ferme

Golden years for the herd: Why robots are an older cow's best friend

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