MilkPay vs ZISK App

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. 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. 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. In four of the FMMOs, there is also a premium for having a somatic cell count that is below 350,000 cells per milliliter. The producers also receive an adjustment, which is calculated every month by each of the Federal Milk Marketing Orders, called the producer price differential. This differential is updated monthly by the middle of the following month. Each of the six FMMOs has a different value for their producer price differential. The Milkpay calculator can be updated automatically for the latest component prices, somatic cell count premium, and producer price differentials. With these current values, the financial value of the milk components can be quantified to determine milk revenue. Changes in components and feed costs can be incrementally evaluated. 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. The current production and adjusted production can also be compared based on Fat Corrected Milk, Energy Corrected Milk, and Revenue Corrected Milk calculations. The values for each are also calculated. 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. The results can be viewed on screen and can be sent by email and saved for future reference. The calculator provided by Adisseo is for use by those in the dairy industry. Adisseo is the manufacturer of Smartamine® M and MetaSmart® methionine for ruminants. The calculations are estimates based on the data entered. Neither Adisseo, its agents, salesmen nor its employees make any warranty about the accuracy or results of numbers used in the calculations.

Do you know when milk prices are projected to peak over the next year? Are you monitoring the day-to-day volatility of feed prices? How are you responding to these market changes and optimizing your profits? With the ZISK app, the answers to these questions just got a lot easier. Developed by a duo with over 35 combined years of experience in the dairy industry, ZISK makes the complex futures market incredibly simple – allowing you to respond to market threats and opportunities with ease. ZISK’s proprietary algorithms simplify the complex data of dairy finance and commodity markets into ONE number… the projected profit of your dairy farm. Enter a few basic details about your dairy and gain a clear view of your future financial outlook with a continuously updating twelve month profit projection. With a live feed from the Chicago Mercantile Exchange, the ZISK app lets you watch the markets for milk, corn, and soybean meal prices in the palm of your hand. You can set alerts so you’ll know right away when the market is moving. Also, enter your existing contracts into the app to see the most accurate view of your dairy’s profitability. Stop allowing market volatility and uncertainty erode your dairy’s profits. Download the ZISK app to empower yourself and your farm and go exploit the volatile market instead.