Milk pricing in federal marketing orders is complicated under normal circumstances, but many dairy farmers have been bewildered by milk checks that didn’t reflect the soaring Class III prices they ...
Milk pricing in the U.S. is incredibly complicated. One particular feature of milk pricing that always seems to rub dairy farmers the wrong way is negative producer price differentials – a line item ...
Approximately 80% of the milk in the U.S. is marketed and pooled on Federal Milk Marketing Orders. FMMOs ensure the orderly marketing of milk through end-product pricing formulas, minimum price ...