FMMO Hearing Report Week 10
Early in this full week at the Federal Milk Marketing Order (FMMO) hearing, National Milk Producers Federation witnesses wrapped up...
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- 2 days ago
- 4 min
Milk, Dairy and Grain Market Commentary
Cheese vats remain full, despite lower milk output. U.S. cheese production reached 1.19 billion pounds in October, up 0.8% from the...
- Dec 2
- 4 min
Milk, Dairy and Grain Market Commentary
U.S. milk production slumped deeper into the red in October as poor margins and tight heifer supplies trimmed the dairy herd. Milk output...
- Dec 1
- 5 min
My Testimony at the Federal Milk Marketing Order Hearing
It was a privilege to testify for Milk Producers Council at the FMMO hearing this week. In addition to fully supporting the package...
- Dec 1
- 3 min
FMMO Hearing Restarts
After a six-week break, the Federal Milk Marketing Order hearing resumed in Carmel, Indiana this week. When the hearing had recessed...
- Nov 17
- 4 min
PRB Has Another Meeting; Votes to Recommend Referendum on QIP Termination Petition
At 11:15 a.m., Producer Review Board (PRB) chairman Art Van Beek called the November 17, 2023 meeting to order. The venue was the...
- Nov 17
- 4 min
Milk, Dairy and Grain Market Commentary
The holiday season is upon us, but the dairy markets haven’t been feeling particularly festive. Nearly all products lost value over...
- Nov 10
- 4 min
Milk, Dairy and Grain Market Commentary
After more than a month in the stratosphere, the butter market plummeted back to earth. CME spot butter crash-landed today at $2.60...
- Nov 3
- 5 min
Producer Review Board Has Another Meeting (And Another One is Planned in Less Than Three Weeks)
Back in the day, serving on the Producer Review Board (PRB) was easy duty. One meeting a year to talk about the pooling budget, maybe a...
- Nov 3
- 4 min
Milk, Dairy and Grain Market Commentary
There was a lot of red ink on LaSalle Street this week, and every product at the CME spot market finished lower. Most milk futures...
- Oct 27
- 4 min
Milk, Dairy and Grain Market Commentary
A poor showing at the Global Dairy Trade (GDT) Pulse auction spooked the milk powder markets this week and another month of...
- Oct 20
- 4 min
Milk, Dairy and Grain Market Commentary
USDA released its Milk Production report this week, indicating that national output contracted in September for the third month in a row.
- Oct 13
- 3 min
Federal Milk Marketing Order Hearing Report -- Week 8
The proposal to update and raise Class I differentials in all 3,100 counties of the continental United States by National Milk...
- Oct 13
- 4 min
Milk, Dairy and Grain Market Commentary
Whether or not black cats or broken mirrors were involved, the butter market’s luck has changed dramatically. After repeatedly...
- Oct 6
- 2 min
The Producer Review Board Recommends Adjustment to QIP Assessment
The Producer Review Board (PRB) has been wrestling with the challenge of finding the correct assessment rate to fund payments to ...
- Oct 6
- 3 min
Federal Milk Marketing Order Hearing Report -- Week 7
There are five “issues” encompassing 21 proposals that make up the substance of the “call” of this hearing into Federal Milk Marketing...
- Oct 6
- 4 min
Milk, Dairy and Grain Market Commentary
Like a mountaineer surveying Everest from K2, the butter market is exploring new heights. CME spot butter scaled a previously...
- Sep 29
- 1 min
SGMA Happens
The Kern Subbasin GSAs – and there are about 17 of them – have agreed on a common approach to setting minimum thresholds.
- Sep 29
- 3 min
Milk, Dairy and Grain Market Commentary
The U.S. butter market took off like a rocket. It soared 30ȼ this week and closed at $3.30 per pound, just shy of the all-time high...
- Sep 29
- 3 min
Federal Milk Marketing Order Hearing Report -- Week 6
When I tuned in to the hearing at 5 a.m. Pacific time on Monday morning, I heard a different voice come through my earbuds.
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