How to Read and Understand Your Milk Check

Are you confused about what is printed on your milk check and what all the components are? Are you having difficulty reading your statement and knowing if the payments, particularly the premiums paid, are on par with what other producers are receiving. Dr. Mark Stephenson, Director of Dairy Policy Analysis and Center for Dairy Profitability and the University of Wisconsin-Madison, Division of Extension, will review where the numbers on your milk check come from and what they mean to your operation.

This Coffee Chat was presented on Feb. 8, 2021.

Resources:

• Understanding My Milk Check
• Class and Component Prices USDA – Agricultural Marketing Service