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Industry News

Read coverage of current events and news affecting dairy producers and the industry.

LATEST

In December, the USDA released details regarding changes to the Dairy Margin Coverage (DMC) program, including hay price adjustments used to calculate monthly feed costs and margins, creation of a Supplemental DMC provision for small- and mid-sized dairy producers to update milk production history and establishment of a 2022 sign-up period.

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In this column, Progressive Dairy summarizes issues in the news and attempts to describe how they might affect dairy farmers. Look for more extensive background and details at Progressive Dairy.

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It took a roller coaster ride to get there, but December 2021 uniform milk prices in Federal Milk Marketing Orders (FMMOs) reached the highest level in more than seven years. Riding the recent wave in milk class prices, more Class III milk was pooled but more Class IV milk wasn’t.

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After a slower October, November strength in foreign sales of milk powders and cheese pushed the U.S. dairy export market toward a strong finish to 2021, according to the U.S. Dairy Export Council (USDEC).

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