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Dairy Facts 2016

Milk Procurement Workshop 2017

    

Schedule is subject to change.
 

Agenda


Day 1
Tuesday, December 12

7:00 a.m. Registration and Continental Breakfast
8:00 a.m.

The U.S. Dairy Industry Today: Headlines and Trends 

  • •  Dairy in the news
  • •  Trends in farm milk production, dairy processing and manufacturing, milk and dairy product consumption, imports and exports, and prices at the farm, wholesale, retail and international levels 
10:00 a.m. Networking Break
10:30 a.m.

U.S. Dairy Policy Primer

  • •  Historical dairy policy development
  • •  U.S. dairy policy today
Noon Lunch
1:00 p.m.

Understanding Federal Milk Marketing Order Pricing

  • •  Milk components and dairy product composition
  • •  Product/component price formulas
3:00 p.m. Networking Break
3:30 p.m.

Understanding Federal Milk Marketing Order Pricing (continued)

  • •  Federal order minimum prices that processors/handlers must pay for farm milk
5:00 p.m. Adjourn
5:30 p.m. Networking Reception


Day 2
Wednesday, December 13

7:30 a.m. Registration and Continental Breakfast
8:00 a.m. Understanding Federal Milk Marketing Order Pricing (continued)
  • •  Federal order minimum prices received by farmers and cooperatives
  • •  Pooling: reconciling what processors must pay and what farmers receive
10:00 a.m. Networking Break
10:30 a.m.

Pricing Outside of Federal Milk Marketing Orders

  • •  State milk price regulation
  • •  Over-order premiums
  • •  Pricing outside federal/state regulation
  • •  Cooperative
  • •  Organic milk pricing
Noon  Lunch
1:00 p.m.

Introduction to Dairy Price Risk Management

  • •  Forward contracting: with and without milk price regulations
  • •  Dairy futures and options
2:30 p.m. Information Sources for the Dairy Professional
3:00 p.m. Networking Break
3:30 p.m. Advanced Topics for Dairy Marketing and Policy Analysts
5:00 p.m. Adjourn