In Wisconsin, interpretation of the milk check matters because most of the state’s milk supply is used to make manufactured dairy products, and is priced under multiple component pricing in the Upper Midwest Federal Milk Marketing Order.

Through the first quarter of 2026, Class III and Class IV milk prices diverged substantially. This article walks through the mechanical source of that divergence.

This article explains what an FMMO is, the two core mechanisms that define the system, how minimum formula prices are built, how orders are amended, and who is and is not covered.

This article summarizes the rules and regulatory requirements governing how commodity price assumptions are established and used in farm operating plans and cash-flow budgets for FSA Farm Loan Programs.

This article provides a structured, evidence-based assessment of the regulatory, legal, public health, and market context surrounding raw (unpasteurized) cow’s milk in the United States.

This article provides an overview of the Dairy Margin Coverage program for the 2026 coverage year, with emphasis on program changes implemented for this year and what past margin history implies for risk management decisions.

The session and discuss how Dairy Margin Coverage can be used as an effective risk management tool.

A glass of milk and a cookie may feel like a small gesture, but when repeated across millions of homes nationwide, this familiar Christmas Eve tradition quietly represents weeks—even months—of milk production.