Dairy Industry News
An improved all-milk price by 50 cents coupled with mostly lower feed costs gave way to a DMC margin of $9.44, still triggering payments through the program.
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Dairy risk management calendar: April 2024
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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Leap day factors into milk production jump
Milk production and output per cow increase in USDA estimates due to extra “leap year” day in February.
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February 2024 FMMO uniform prices, pooling summarized
Blend prices were mixed in a narrow range, and Class IV milk pooling remained low.
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2024 U.S. dairy exports begin with dawdling first month
Global dairy demand is stagnant and anticipated to be through the first half of the year, with the 12th consecutive year-over-year monthly decline of U.S. dairy exports in January.
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SEC limits Scope 3 reporting in new climate rule
Publicly traded companies no longer have to disclose Scope 3 greenhouse gas emissions as part of an amendment by the U.S. Securities and Exchange Commission.
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January DMC margin is $8.48 per cwt
Lower feed costs lessened the blow of suppressed milk prices in January, yet combined, triggered the first DMC payment for 2024.
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