Dairy Industry News
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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Exports rally after 12 months of year-over-year declines
Volume gains in U.S. dairy product exports in February gave way to improved market conditions for the first time since January 2023.
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Progressive Events: Dairypalooza! Connecting the dots while cultivating curiosity and compassion
Animal science students from Chico State were given the opportunity to tour five milk processors and four dairy farms across California.
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February DMC margin is $9.44 per cwt
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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