Milk Markets Update

USDA recently proposed the most important changes in two decades to how minimum milk prices will be set under Federal Milk Marketing Orders (FMMOs). These changes will affect milk prices and dairy farm profitability for years to come. Dairy farmers and their cooperatives will vote on whether to accept the proposed changes once they are finalized in November. This webinar will discuss the changes and their potential impacts on milk prices.
Two presenters will discuss this topic.
Dr. Charles Nicholson is an Associate Professor in the Department of Agricultural and Applied Economics at the University of Wisconsin-Madison. My work focuses on the analysis of dairy markets, policy and supply chains and is supported by the UW Dairy Innovation Hub. I teach undergraduate courses on food systems and supply chains. I also maintain an affiliation with the School of Integrative Plant Science at Cornell University and contribute to research on the economics and environmental impacts of controlled-environment agriculture (greenhouses, vertical farms). I also collaborate with interdisciplinary teams doing research on food security in low-income countries. I previously worked with the Nijmegen School of Management in the Netherlands, the Smeal College of Business at Penn State University and the Dyson School of Applied Economics and Management at Cornell University.
Leonard Polzin serves as a Dairy Markets and Policy Outreach Specialist in the Department of Agricultural and Applied Economics at the University of Wisconsin-Madison.
Leonard Polzin grew up on a century-old Wisconsin dairy farm. He has held positions in both the public and private sectors and takes pleasure in applying research to industry scenarios. With considerable experience as an educator and analyst, he has developed and delivered programs covering a wide range of topics, including market analysis, outlook, market expectations, risk management, and policy analysis.