Dairy producers participating in the 2021 Dairy Margin Coverage (DMC) program will again see hefty indemnity payments for March milk marketings.
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The Council on Dairy Cattle Breeding (CDCB) board approved an update to the Net Merit (NM) selection indexes effective for the next triannual evaluations on Aug. 10, 2021.
With the possibility of a USDA hearing to consider revamping the Federal Milk Marketing Order (FMMO) “Class I mover” price formula, leaders of four Midwestern dairy groups unveiled a proposal which they say will improve fluid milk pricing within the FMMO system.
Digest Highlights
U.S. milk production marched into the spring flush with the highest number of cows passing through milking parlors and robots in more than three decades. The USDA’s latest Milk Production report was released on April 21, providing preliminary March estimates and revised February totals.
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