August 25, 2023: A Cost of Doing Business

We were all sad to see Zach Myers leave our team last week to pursue a new opportunity working in member services with a regional dairy cooperative. Ironically, my first deep dive into milk markets and pricing came when I was working in member communications for another cooperative back in the early 2000s. One of the first articles I wrote back then was to explain to our members how their milk is priced. The complexity of milk pricing, coupled with the unpredictable market swings, was leaving many of our producers at the time frustrated and confused. Fast forward 20 years, and that hasn’t changed much. The allmilk price has fallen $9 from historic highs in 2022 in the past 12
months to $17.90 per cwt., which was announced for June.

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