MILK PRICES AND MARKETING

Low milk prices can stress the best dairy business plans.  Methods of managing risk through milk marketing can work to  reduce volatility.  These links will help you to identify current milk prices, trends, and opportunities to manage price risks.

Milk Prices Milk Price Outlook
Missouri Milk Prices (2001 to Present) Ken Bailey's Weekly Outlook (Penn State)
Bob Cropp's Monthly Outlook (Wisconsin)
Missouri Milk Price Basis (2001 to Present) Program on Dairy Markets & Policy (Cornell)
Dairy Marketing Fundamentals (Michigan)
Basis and Its Importance (Penn State) Understanding Dairy Markets (Wisconsin)
Chicago Mercantile Exchange Quotes Dairy Marketing (Ohio State)
    Class III Milk- Futures and Options  
    Class IV Milk- Futures and Options Supply and Demand Reports
Daily Dairy Report (CME) Milk Production Reports (USDA-NASS)
MILC Payments (USDA) Dairy Outlook (USDA-ERS)
Factors That Affect Farm-gate Milk Prices (PA) Dairy Outlook Data (USDA-ERS)
  Dairy Imports and Exports (USDA-FAS)
Risk Management Dairy Programs, Service, and Resources (USDA-AMS)
Dairy Futures and Options Tutorial (Wisconsin) Dairy Weekly Market News (USDA-AMS)

Put Options as Price Insurance (Kentucky)

Dairy Product Production (Cheese Mkt. News)

Options on Dairy Futures (Kentucky)

 
Dairy Futures Contracts (Kentucky)  
Forward Contracting, Hedging, and Options (Kentucky) Milk Market Administrators
Using Milk Futures to Lock In Profitability (Penn State) Central (Northern Missouri) 
  Southeast (Southern Missouri)
Commercial Brokers  
Valley Futures Trading Milk Marketing Topics
eDairy, Inc. Southern Dairy Conference Proceedings
KDM Trading
 
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MU Extension - CA Program
For comments or questions concerning these pages, please contact:
Joe Horner  Beef and Dairy Economist
Ryan Milhollin  Extension Associate