Published by Adisseo on 2023-07-10
1. Milk from these Federal Milk Marketing Orders represents 54% of the milk produced in the U.S. The payment is based on the quantity of Milk Protein, Butterfat, and Other Solids multiplied by the values set by the Federal Milk Marketing Orders Board for each component.
2. Milkpay is a calculator for use with the seven United States Federal Milk Marketing Orders (FMMOs) that pay for milk produced, based on the weight of components in the milk.
3. The producers also receive an adjustment, which is calculated every month by each of the Federal Milk Marketing Orders, called the producer price differential.
4. The calculations are based on USDA energy and financial values and standardized at 3.5% Milk Fat, 3.0% Milk True Protein, and 5.7% Other Solids.
5. The current production and adjusted production can also be compared based on Fat Corrected Milk, Energy Corrected Milk, and Revenue Corrected Milk calculations.
6. With these current values, the financial value of the milk components can be quantified to determine milk revenue.
7. The Milkpay calculator can be updated automatically for the latest component prices, somatic cell count premium, and producer price differentials.
8. The cost of the feed changes can also be included in the calculations to quantify Income Over Feed Cost (IOFC) and Return on Investment (ROI) from these changes.
9. Neither Adisseo, its agents, salesmen nor its employees make any warranty about the accuracy or results of numbers used in the calculations.
10. These prices are updated every month, at the end of the month, and are the same for all six of the FMMOs that pay on components.
11. Each of the six FMMOs has a different value for their producer price differential.
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Or follow the guide below to use on PC:
Select Windows version:
Install MilkPay app on your Windows in 4 steps below:
Download a Compatible APK for PC
Download | Developer | Rating | Current version |
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Get APK for PC → | Adisseo | 4.83 | 2.3.1 |
For Windows 11, check if there's a native MilkPay Windows app here » ». If none, follow the steps below:
Minimum requirements | Recommended |
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Download on Android: Download Android
Me
Great tool for dairy consultants to measure profitability of dairy formulations
Great product.
Great App for Calculating Milk Check