MilkPay 2.3.1

MilkPay 2.3.1

Adisseo  ❘ Freeware
iOS
out of 11 votes
Latest Version
2.3.1
Safe to install
EXCELLENT User Rating

Milkpay is a tool designed for calculating payments within the seven United States Federal Milk Marketing Orders (FMMOs) which compensate dairy producers based on specific milk components' weight. This includes Milk Protein, Butterfat, and Other Solids. These Federal Milk Marketing Orders collectively account for 54% of U.S. milk production. The compensation is determined by multiplying the quantity of these components by values established by the Federal Milk Marketing Orders Board. Notably, these values are updated monthly, consistent across the six FMMOs that account for component-based payments. Furthermore, four of these FMMOs offer a premium for maintaining a somatic cell count below 350,000 cells per milliliter.

Producers also receive a monthly producer price differential adjustment from each Federal Milk Marketing Order, updated by the middle of the following month. Each of the six FMMOs has a unique value for this producer price differential.

Milkpay can be seamlessly updated with current prices for components, somatic cell count premiums, and producer price differentials. This enables users to determine the financial value of milk components accurately, facilitating assessments of changes in components and feed costs incrementally. Notably, users can also factor in feed cost variations to calculate Income Over Feed Cost (IOFC) and Return on Investment (ROI) resulting from these adjustments.

The tool allows for comparisons between current and adjusted production figures using metrics such as Fat Corrected Milk, Energy Corrected Milk, and Revenue Corrected Milk calculations which are USDA-based and standardized using specific milk component percentages. All corresponding values are calculated as well.

The results can be conveniently viewed on the interface, emailed, or saved for future reference.

This calculator by Adisseo serves professionals in the dairy industry. Adisseo is known for producing Smartamine® M and MetaSmart® methionine for ruminants. It's important to note that all calculations within are estimations based on input data. Adisseo, its agents, sales teams, or employees do not provide any warranties regarding the accuracy or outcome of the calculations performed.

Overview

MilkPay is a Freeware software in the category Business developed by Adisseo.

The latest version of MilkPay is 2.3.1, released on 05/29/2024. It was initially added to our database on 05/29/2024.

MilkPay runs on the following operating systems: iOS.

Users of MilkPay gave it a rating of 5 out of 5 stars.

Pros

  • Facilitates the payment process for milk producers and dairy farms
  • Offers a user-friendly interface for easy transactions
  • Provides real-time payment tracking and notifications
  • Integrates with existing farm management systems
  • Has strong security measures to protect financial data
  • Supports multiple payment options for flexibility
  • Helps improve cash flow for dairy producers by speeding up payment processes

Cons

  • Limited availability in certain regions or countries
  • Requires internet access, which may be a barrier for some users
  • Transaction fees may apply, impacting overall profits
  • Dependence on technology means potential outages or bugs can disrupt service
  • May require training for users unfamiliar with digital payment systems
  • The initial setup process may be complex for some users

Screenshots (Click to view larger)

Related


Beef Cow BCS

The Body Condition Score app, developed by CRYSTALYX® Brand Supplements—an industry leader in cattle nutrition—offers a practical tool for producers to monitor both cattle health and pasture management.

DHI Plus

DHI Plus: Streamlined Data Management for Smart Decision-Making

InterServer Mobile

InterServer Mobile: Convenient Hosting Management on the Go

MetaDynamic MDForms

The META Dynamic application enables users to log in using their iOS devices, facilitating access to DO forms irrespective of internet connectivity—whether via Wi-Fi or cellular data.

one by milc group

Your feed program at your fingertips, in real-time! Instructable feed sheets, no more printing Adjust Pen Counts Load new Rations Built-in analytics Track individual employee accuracy Consultant access Setup …
Secure and free downloads checked by UpdateStar

Stay up-to-date
with UpdateStar freeware.

Latest Reviews

_IrfanView _IrfanView
IrfanView: The Lightweight Image Viewer That Packs a Punch
Wave Editor Wave Editor
Wave Editor: A versatile audio editing tool for professionals and beginners alike!
W Worms Forts Under Siege
Classic Strategy Meets Humorous Warfare in Worms Forts Under Siege
GCFScape GCFScape
Unleash the Power of Source Engine Games with GCFScape!
WinDirStat WinDirStat
WinDirStat: Visualize and manage disk space usage efficiently
KeyCtrl KeyCtrl
Boost Your Productivity with KeyCtrl!
UpdateStar Premium Edition UpdateStar Premium Edition
Keeping Your Software Updated Has Never Been Easier with UpdateStar Premium Edition!
Microsoft Edge Microsoft Edge
A New Standard in Web Browsing
Microsoft Visual C++ 2015 Redistributable Package Microsoft Visual C++ 2015 Redistributable Package
Boost your system performance with Microsoft Visual C++ 2015 Redistributable Package!
Google Chrome Google Chrome
Fast and Versatile Web Browser
Microsoft Visual C++ 2010 Redistributable Microsoft Visual C++ 2010 Redistributable
Essential Component for Running Visual C++ Applications
Microsoft Update Health Tools Microsoft Update Health Tools
Microsoft Update Health Tools: Ensure Your System is Always Up-to-Date!

Latest Updates


Smart Monster by Hose Monster 2.9

The Smart Monster, developed by The Hose Monster Company, represents a significant advancement in flow testing technology, integrating digital capabilities to streamline operations and reduce potential errors.

VPN TomatoLink-Fast WiFi Proxy 1.2.0

VPN TomatoLink Secure VPN is a robust privacy tool designed to enhance online security and confidentiality. It offers users a dependable connection to the internet, facilitating private browsing experiences.

DAR Continental Congress 1.6.0

The official National Society Daughters of the American Revolution Continental Congress app for iPhone and iPad provides convenient access to essential Congress resources.

Mesa Parks and Rec Camps 3.0.91

The application provides real-time updates to keep families informed about aquatics programs and summer camp activities offered by Mesa Parks and Recreation.

Visit Albuquerque 2.8.0

The Visit ABQ app serves as a practical tool for planning visits to Albuquerque, facilitating the organization of vacations, trips, or weekend escapes.

Hello, It's Me 3.2

Welcome to Hello, It's Me. Hello, It's Me is a platform designed to support individuals with Intellectual and Developmental Disabilities (IDD) in learning, socializing, and engaging in enjoyable activities.