As the courts decide the fate of President Trump’s tariffs, another measure could offer dairy farmers some relief. Changes to the Federal Milk Marketing Order took effect over the weekend.
The Farm Bureau says the updates were long overdue and could provide some much-needed certainty.
“This was a need of the industry to say that the Federal Milk Market Order system has been outdated. These formulas needed to be updated in order to reflect more accurate market conditions. With all these trade disruptions, supply disruptions going on as well, the total impact might be stunted or sort of covered by some of these bigger market movers,” said Danny Munch.
Changes that are now in effect include the switch to the Higher-of Class 3 and 4 price formula. Class 1 differentials have also been raised, which Munch says will help offset transportation and service costs.
Sen. Roger Marshall, a founding member and chairman of the Make America Healthy Again caucus, joined us with his thoughts on the commission’s latest report and the key ag-related issues.
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The Supplemental Nutrition Assistance Program (SNAP) was once again on the national stage, front and center this week before the House Agriculture Committee.
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Labor is an ongoing crisis in the ag sector. One industry group outlines three vital reforms to the H-2A visa program that farmers need to secure an affordable, stable workforce.
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Co-Bank Lead Dairy Economist, Corey Geiger, joined us on Friday’s
Market Day Report for a further look at the drop in replacement heifers and the trend’s longterm impact on dairy producers and cattle prices.
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