milk prices

AMS Pleased With FMMO Approval
AMS Pleased With FMMO Approval
AMS Pleased With FMMO Approval
Last week, U.S. dairy producers approved the referendum on proposed changes to the Federal Milk Marketing Orders.  Dana Coale, deputy administrator of USDA’s Agricultural Marketing Service, said the agency is happy producers approved the referendum.   “The f...
U.S. Dairy Producers Okay FMMO Changes
U.S. Dairy Producers Okay FMMO Changes
U.S. Dairy Producers Okay FMMO Changes
The USDA’s Agricultural Marketing Service announced a final rule amending the uniform pricing formulas applicable in all 11 Federal Milk Marketing Orders.  The final rule will be published in the Federal Register on Friday, January 17th.  The amendment...
Could Expansion Be In The Future For The Dairy Industry?
Could Expansion Be In The Future For The Dairy Industry?
Could Expansion Be In The Future For The Dairy Industry?
Is there growth potential ahead for U.S. dairy? It’s possible.  Shawn Hackett of Hackett Financial Advisors said there are two issues impacting the industry right now.   "We have this wide-spreading avian flu. It's now expanded into California, and we've had buyers get very fearful about future production and have been front-end loaning their purchases well into the future because they're con
Concerns Remain Over FMMO Proposals
Concerns Remain Over FMMO Proposals
Concerns Remain Over FMMO Proposals
There is still pushback against the USDA proposal for modernizing the Federal Milk Marketing Orders.  The National Milk Producers Federation's Chris Galen said much of the pushback has to do with Class One pricing.   “I would say, for the most part, the things that farm organizations wanted, dairy farm organizations wanted, were reflected in that proposal," Galen said.  "So, one of t...
Naerebout Encouraged About Future of Idaho Dairy
Naerebout Encouraged About Future of Idaho Dairy
Naerebout Encouraged About Future of Idaho Dairy
Things are looking much better for the Idaho dairy industry.  Rick Naerebout, CEO of the Idaho Dairymen’s Association said this is especially welcomed news, considering producers have been dealing with negative margins for 18-24 months.  He noted that...
USDA: Strong Milk Prices Expected Over Next Two Years
USDA: Strong Milk Prices Expected Over Next Two Years
USDA: Strong Milk Prices Expected Over Next Two Years
Lower production, higher prices, that’s the summary of USDA's August Dairy Forecast.   “We reduced our production forecast for both 2024 and 2025. We still expect year-over-year growth," said World Agricultural Outlook Board chairman Mark Jekanowski.  "So, 2025 productio...
Milk Production Expected To Drop
Milk Production Expected To Drop
Milk Production Expected To Drop
“Given weaker returns going forward along with a few other factors we reduced our milk production forecast by 900,000 pounds this month."   But, despite that, dairy production year-over-year is still forecasted up according, to USDA world agricultural outlook board chair Mark Jekanowski.  He noted...

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