June 7, 2019:Class I Price Formula Change

For many years, the USDA has been using a formula to calculate the Class I (fluid milk) price based on the higher price between the Advance Class III (cheese) and Advance Class IV (butter and powder) price plus a location differential. This was beneficial to the dairy farmer, but made it especially difficult for fluid milk processors to contract milk on
the futures market. Read More

RECENT MARKETS & MANAGEMENT ARCHIVES

June 14, 2019: Dairy Margin Coverage Enrollment

June 7, 2019:Class I Price Formula Change

May 31, 2019: May

May 24, 2019: Trade Agreements and Tariffs

May 17, 2019: Crop Progress

May 10, 2019: Dairy Margin Coverage Update