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Podcast: MID-WEST FARM REPORT - MADISON
Episode: What Has The FMMO Update Done To Milk Checks?
Description: Federal Milk Marketing Orders set the rules for how milk is priced across the country, shaping returns for farmers, processors, and ultimately consumers. A historic update took effect June 1, and now that we’ve been under the revised system for a few months, what has it meant for Wisconsin’s dairy farmers? Mike Brown, vice president for dairy market intelligence at T.C. Jacoby & Company, says early projections showed Class III milk prices could drop by as much as 90 cents per hundredweight, or about 7.5 cents per gallon. Some producers may have seen that, he notes, but many other factors, like...