MilkPay App

MilkPay_App
MilkPay_App

MilkPay is a calculator that is used with the six United States Federal Milk Marketing Orders (FMMOs) that pay for milk produced based on the weight of components in the milk. Over 50% of the milk produced is represented by these FMMOs. The payment is based on the quantity of Milk Protein, Butterfat, and Other Solids multiplied by the values set by the FMMO Board for each component. These values are set at the end of each month. Each of the six FMMOs use the same values, and four of the FMMOs also includes Somatic Cell Count premium if the cells per milliliter are 350,000 or below. Above 350,000 there is a penalty.
The MilkPay App can be updated automatically for the latest component prices and Producer Price Differentials.. By using the current values, the financial value of the milk components can be quantified to evaluate milk revenue. Changes in components can be incrementally evaluated, and the cost of feed changes can also be included in the calculations to quantify Return on Investment, and comparative Income Over Feed Costs along with the Fat, Energy and Revenue Corrected differences from these changes. The results can be viewed on screen and can also be sent to your e-mail.
This App is provided by Adisseo and is for use by those in the dairy industry. The calculations are estimates based on data entered and neither Adisseo, it’s agents, salesmen, nor employees make any warranty about the accuracy of results of numbers used in the calculations.

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