Hosted by DBA, Edge and Minnesota Milk

The National Milk Producers Federation announced its intent to request an emergency hearing on Class I pricing formula. In response, the Dairy Business Association, Edge Dairy Farmer Cooperative, Minnesota Dairy Producers, Nebraska State Dairy Association and South Dakota Dairy Producers announced their Class III Plus plan. Also, FarmFirst expressed support for returning to the earlier pricing system known as "higher-of."

In this webinar, Dr. Marin Bozic will review the trends in Class I sales and dynamics that led to the current debate on appropriate policy framework for pricing fluid milk. We will review USDA's concept of “disorderly marketing” and evaluate all three proposals' (Class III Plus, Higher-of, and NMPF) capacity to create more orderly milk marketing. We will explore consequences of these reform proposals for producers' milk checks and risk management strategies, as well as milk consumers. We will situate these requests within a larger need to modernize FMMOs to reflect changes in the dairy sector in the U.S.

Please watch your email for registration information. Not a member, contact Joanna Guza at jguza@dairyforward.com.