Events
2022 DAIRY PRICING & POLICY WORKSHOP
August 23-24, 2022
Remote via Zoom Conference Services
REGISTRATION DEADLINE: Tuesday, August 16th
2-DAY ONLINE WORKSHOP //
MEMBER RATE: $120 per attendee
NON-MEMBER RATE: $150 per attendee
NOTE: If you need to register a group of attendees from your organization – please contact info@dairyinstitute.org
WHY ATTEND //
– Dairy 101 Basics for new industry employees; a refresher course for those with
experience
– Keep current on milk pricing and potential policy changes
– Hear from experts on milk pooling and pool reporting
– Learn about managing price risk
– Understand what’s driving your milk cost in today’s chaotic markets
– Determine how an evolving industry will impact your business
DAY 1 //
DAIRY INDUSTRY OVERVIEW
– Milk Basics
– Sources of Supply
– Industry Structure
– Milk and Other Costs
FEDERAL MILK MARKETING ORDERS (FMMO)
– What are they?
– How do they work?
– How Order Prices Are Calculated
– Milk Pooling Overview
WHAT DRIVES MILK COST?
– Elements of Supply & Demand
– Domestic Influencers
– Global Drivers
– Dairy Policy Basics
DAY 2 //
POOL OPERATIONS AND REPORTING
– How Pool Milk is Classified and
Reported
– Determining Your Pool Obligations
– Nonpool Milk Reporting
MANAGING MILK PRICE RISKS
– Forward Contracts
– Hedging with Futures
– Hedging with Options
– Combination Strategies
– Swaps
CALIFORNIA TOPICS
– Unlawful Practices
– Milk Producer Security Trust Fund
– California Quota
2022 ANNUAL FALL BOARD MEETING
November 13-16, 2022
Ojai Valley Inn
Ojai, CA
More information to follow.
2023 ANNUAL FALL BOARD MEETING
November 12-15, 2023
Hilton Santa Barbara Beachfront
Santa Barbara, CA
More information to follow.