![]() Whatever the case may be, you are now able to look at your actual gross Pay and compare it to the FMMO calculation.Īs the chief financial officer for Breeze Dairy Group, I’ve analyzed various farms that have been for sale over my career so far. Some plants may have a different method of calculating SCC premiums. Some plants may have a flat volume premium. Some plants may pay component premiums, where the price per pound of protein, for example, could be on a sliding scale depending on component test results. Many milk plants have various calculations and/or premiums that vary from the FMMO. While you do not necessarily need to plan out every detail of every day, it is really helpful to know the basics of where things are located and how the resort. In this scenario, the pay price would be $17.51 per hundredweight (cwt) if the milk plant paid exactly the same as the FMMO, without any additional premiums ($7.2551 for BF + $7.6819 for PRT + $2.1712 for OS + $0.1856 for SCC + $0.2200 for PPD = $17.5138). Like many travel destinations, it is highly unlikely that your Disney trip will run smoothly if you arrive without doing any kind of research. Here is the formula to calculate: (FMMO BF$ X BF%) + (FMMO PRT$ X PRT%) + (FMMO OS$ X OS%) + ((350 – SCC) X FMMO SCC$) + FMMO PPD$ = FMMO pay price. Table 1 is an example using August 2021 FMMO 30 numbers. A farm with higher components is required to receive higher payment for the same weight of milk with lower components. Looking at the difference between what FMMO states should get paid and what was actually paid reveals your true basis. ![]() By putting actual milk numbers into an equation, one can calculate the minimum amount a private processor is required to pay for your milk. But guess what, if you’re playing a match the following day - or worse, you’ve got another. ![]() The last thing you want to do is spend another 20-30 minutes recovering from the match. It also declares the price for somatic cell count (SCC) and producer price differential (PPD). Post-Match Stretching - Are You Doing it Wrong Picture this, you just battled your way through a 3-set, 3-hour marathon. The FMMO declares the price per pound of butterfat, pound of protein and pound of other solids.
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