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Northeast dairy farmers saw July milk checks lower than expected despite high Class III prices because of negative producer price differentials. Enrollment in USDA's Dairy Margin Coverage program fell sharply this year, with only about 35 percent of Pennsylvania farms signing up versus 87 percent last year.
The article advises farmers to use risk-management tools as COVID-19 may still disrupt markets.
Lower DMC participation leaves more producers exposed to margin squeezes, which could reduce herd feeding budgets and feed purchasing if prices fall. The story describes risk management rather than a new price shock.
en.edairynews.comDamián Morais13.08.2020Nach 93 vergangenen Ereignisse (neutral, Politik) bewegte sich Milch (Class III) im Median über 5 Handelstage um -0,0 % (48% höher; mittlere Hälfte -0,6 % bis +0,6 %) und über 20 Handelstage um +0,2 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
