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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 13, 20234 min read
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, 20232 min read
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, 20233 min read


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...
Oct 6, 20234 min read
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, 20231 min read


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, 20233 min read
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.
Sep 29, 20233 min read
Federal Milk Marketing Order Hearing Report -- Week 5
The Federal Milk Marketing Order (FMMO) hearing in Carmel, Indiana only met three days this week because the venue where the hearing is...
Sep 22, 20234 min read


Milk, Dairy and Grain Market Commentary
Three-dollar butter is back. CME spot butter soared an astounding 28.25ȼ this week and closed right at the $3 mark. Exports are out of...
Sep 22, 20234 min read
PRB Meeting on Assesment Oct 2; Petition for Referendum to Terminate QIP Meets Signature Threshold
The Producer Review Board will hold its next meeting on October 2, 2023, 10 a.m. There will be no in-person option for this meeting and...
Sep 22, 20231 min read
Federal Milk Marketing Order Hearing Report
Week four of the Federal Milk Marketing Order hearing in Carmel, Indiana was mostly about the make allowance. The following proposals...
Sep 15, 20232 min read


Milk, Dairy and Grain Market Commentary
The Class III markets took a big step back this week. Cooler weather has boosted yields, providing a little more milk for cheese vats.
Sep 15, 20234 min read
Federal Milk Marketing Order Hearing Progress Report
This was the third week of the Federal Milk Marketing Order hearing in Carmel, Indiana. The week started out with rebuttal testimony on...
Sep 8, 20233 min read


Milk, Dairy and Grain Market Commentary
Higher temperatures fired up the dairy markets over the past few weeks, but now the mercury has fallen and so have cheese prices.
Sep 8, 20234 min read
Federal Milk Marketing Order Hearing Gets Going
There was a lot of hard work put in this week at the Federal Milk Marketing Order (FMMO) hearing in Carmel, Indiana.
Sep 1, 20235 min read


Milk, Dairy and Grain Market Commentary
Cows in the Midwest got a brief break from the heat, but the mercury is going to climb once again over the holiday weekend.
Sep 1, 20234 min read
Federal Milk Marketing Order Hearing Gets Started
How would you report on the first mile of a 26-mile marathon where the race results will not be known until months after the race is...
Aug 25, 20232 min read


Milk, Dairy and Grain Market Commentary
U.S. milk output turned negative in July, as the heat took a terrible toll on milk yields. Milk output totaled 19.08 billion pounds last...
Aug 25, 20234 min read


Milk, Dairy and Grain Market Commentary
Milk powder prices plummeted at Tuesday’s Global Dairy Trade (GDT) auction. Whole milk powder (WMP) plunged 10.9% to a seven-year low.
Aug 18, 20233 min read
FMMO Issues for Consideration at 2023 FMMO Hearing
By Geoff Vanden Heuvel Director of Regulatory and Economic Affairs Issue #1 Milk Composition There are proposals from National Milk...
Aug 17, 20236 min read
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