The American Farm Bureau Federation is hosting an industry-wide forum on the Federal Milk Marketing Order on October 14-16 in Kansas City, Missouri. The forum was prompted by a call from Ag Secretary Tom Vilsack to get as many people involved in dairy as possible in one room to discuss solutions to the Federal Milk Marketing Order shortfalls. The forum will include panels on various aspects of the Federal Milk Marketing Orders followed by roundtable discussions structured to spur conversation among all parts of the dairy sector but with a clear focus on farmers. “Meaningful changes to the FMMO system are long overdue,” says Farm Bureau President Zippy Duvall. “Even before COVID-19 highlighted how volatile milk prices and outdated milk pricing and pooling provisions were harming dairy farmers, it was clear the FMMO system needs modernizing to address consolidation in processing, shifting consumer preferences, and fluctuating trade demands.” Go to fb.org for information.
Tuesday Closing Dairy Market Update - Dry Whey Supports Class III Futures
MILK: Class III futures found some buying interest as steady cheese prices were not viewed as bearish due to the strength of dry whe...
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MILK There had been some optimism that lower milk production in February would get the attention of cheese buyers and they would ste...
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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 3 Higher SOYBEAN MEAL: $11...
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Block cheese price increased 1.75 cents, closing at $1.7525 and the highest price it has been since May 7. There were 3 loads changing hand...