The American Farm Bureau Federation is celebrating a successful Federal Milk Marketing Order Forum held over the weekend in Kansas City, Missouri. The National Milk Producers Federation, dairy cooperatives, processors, state dairy associations and dairy farmers joined AFBF for the event. The three-day event provided a platform for farmers’ voices to be heard while also answering the call from Agriculture Secretary Tom Vilsack to bring the dairy producer community together to discuss FMMO modernization. Discussions at the forum focused on Class price formulas and de-pooling, among other topics. The American Farm Bureau Federation and the National Milk Producers Federation agreed on a joint statement regarding the need for FMMO improvements. A number of dairy organizations attending the event also supported the joint AFBF-NMPF statement. The AFBF-NMPF statement reads: “With the last major update to the FMMO system occurring in 2000, we believe it is time to consider improvements that better reflect today’s milk markets.”
Thursday Closing Dairy Market Update - Milk Futures Close Higher But Lack Conviction
OVERVIEW: Milk futures found more strength as the day progressed. More price volatility increased trading activity. The underlying c...
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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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OPENING CALLS: Class III Milk Futures: Mixed Class IV Milk Futures: Mixed B...
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Block cheese price climbed 7 cents to move to $1.66, although the last trade was a penny lower at $1.65. Blocks had improved volume as well...
