Milk Marketing
ARTICLES
Increased cow numbers, milk per cow raise 2024-25 milk production estimates
Milk production in 2025 is forecast to increase from 2024, driven by higher milk per cow and an expanding milk cow herd.
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April FMMO milk class prices mixed as protein value tumbles
April 2023 Federal Milk Marketing Order (FMMO) pooling estimates, uniform prices and producer price differentials are scheduled to be released on May 11-14.
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March DMC margin is $9.65 per cwt
Feedstuff and milk prices held steady in March for a DMC margin of $9.65 per cwt, the first since December 2022 to not trigger a payment through the dairy risk management program.
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Dairy risk management calendar: May 2024
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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Milk production declines in March USDA estimates
Seventeen states, including New Mexico, Texas, Oregon and Idaho, reduced milk production a combined 280 million pounds.
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March 2024 FMMO uniform prices inched higher
Milk class prices rose but Class IV milk pooling was still limited.
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Slower-than-expected growth in output per cow reduces milk forecast
Compared to last month, the USDA left the 2023 milk production estimate unchanged but reduced 2024 production expectations 1 billion pounds from the previous report.
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