Iowa Farm Bureau Federation

10/16/2023 | News release | Distributed by Public on 10/16/2023 09:55

Pivotal moment for the dairy industry

Dairy is a hard industry, even on its best days, and a lot of that comes from understanding the puzzle of how prices are set under the Federal Milk Marketing Order (FMMO) system.

It feels like an uphill battle fighting current dairy market conditions and regulations that, at times, seem to work more against producers than for them. Outdated provisions of the system have led to uncertainty and ultimately blocked some farmers from clear and fair payments they deserved. FMMOs have shaped the U.S. dairy market for more than 80 years, and apart from a provision in the 2018 farm bill, we haven't seen any notable changes to the system since milk pricing...