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 “Even before COVID-19 highlighted how volatile milk prices and outdated milk pricing and pooling provisions were harming dairy farmers, it was clear the FMMO system needs modernizing to address consolidation in processing, shifting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.
Wednesday Closing Dairy Market Update - March Class III Price Is $16.16
GENERAL OVERVIEW: Class III and Class IV futures diverged for a second consecutive day, with Class III contracts higher and Class IV ...
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OUTSIDE MARKETS SUMMARY: CORN: 2 Higher SOYBEANS: 5 Lower SOYBEAN MEAL: ...
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MILK: Milk futures declined for the week, but not as much as should have been seen according to the drop in the spot cheese and butt...
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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...
