IDFA Statement on Conclusion of National Federal Milk Marketing Order Pricing Formula Hearing
IDFA believes the dairy industry has fundamentally changed since 2008 when the previous FMMO revisions were made, and that the current FMMO pricing formulas should be amended to reflect these new market dynamics. While nutritious milk remains the foundation for dairy’s continued growth, today’s U.S. dairy industry is defined by a robust, innovative supply chain that relies more and more on products like cheese, yogurt, dairy-based health beverages and powders, frozen treats, and valued-added fluid milk to meet ever-evolving consumer demands and generate income for producers and processors alike.” …