A dairy farmer told lawmakers this week the next farm bill needs milk pricing improvements. Seventh-generation Pennsylvania dairy farmer Lolly Lesher, a member of Dairy Farmers of America, testified on behalf of the cooperative and the National Milk Producers Federation during a congressional review of dairy provisions in the Farm Bill. Lesher highlighted the need for improvements to the Federal Milk Marketing Order system, as evidenced by the heavy revenue losses incurred by dairy farmers nationwide from a milk pricing change made in the previous farm bill. She says, “The change made to the Class I mover combined with the government’s heavy cheese purchases cost dairy farmers over $750 million in revenue in the last six months of 2020 alone.” The dairy industry is seeking consensus on a range of FMMO improvements, including the Class I mover, that can be taken to USDA for consideration in a federal order hearing.
Friday Closing Dairy Market Update - October Milk Production Increased 3.7%
GENERAL OVERVIEW: Class III milk futures closed under pressure due to the declining cheese and dry whey prices. October milk producti...
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MILK Class III milk futures have finished a very volatile week as emotions ran high as a result of the outside influence of the stimul...
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In California, milk production continues to trend seasonally weaker. Stakeholders convey open processing capacity in the Central Valley is t...
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OPENING CALLS: Class III Milk Futures: Mixed Class IV Milk Futures: Mixed B...
