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

Missouri Milk Prices and Basis - HTM or XLS
Basic Milk Pricing Concepts (Wisconsin)
Basis and Its Importance (Penn State)
Daily Dairy Report (CME)
  Class III Milk- Futures and Options (CME)
  Class IV Milk- Futures and Options (CME)
MILC Payments (USDA)
Factors That Affect Farm-gate Milk Prices (Penn State)

Risk Management

Dairy Futures and Options Tutorial (Wisconsin)
Put Options as Price Insurance (Kentucky)
Options on Dairy Futures (Kentucky)
Dairy Futures Contracts (Kentucky)
Forward Contracting, Hedging, and Options (Kentucky)
Using Milk Futures to Lock In Profitability (Penn State)

Commercial Brokers

eDairy, Inc.
KDM Trading

Milk Price Outlook

Bob Cropp's Monthly Outlook (Wisconsin)
Dairy Outlook (Penn State)
Program on Dairy Markets & Policy (Cornell)
Understanding Dairy Markets (Wisconsin)
Dairy Marketing Fundamentals (Michigan State)
Dairy Marketing (Ohio State)

Supply and Demand Reports

Milk Production Reports (USDA-NASS)
Dairy Outlook (USDA-ERS)
Dairy Outlook Data (USDA-ERS)
Dairy Imports and Exports (USDA-FAS)
Dairy Programs, Service, and Resources (USDA-AMS)
Dairy Weekly Market News (USDA-AMS)
Dairy Product Production (Cheese Mkt. News)

Milk Market Administrators

Central (Northern Missouri)
Southeast (Southern Missouri)

Milk Marketing Topics

Southern Dairy Conference Proceedings

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For questions concerning this page or topics, please contact:
Joe Horner Beef and Dairy Economist
Ryan Milhollin Extension Associate