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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 ago 2020Tras 93 eventos neutral de política pasados, Leche (Clase III) se movió una mediana de -0,0 % en 5 sesiones (48% al alza; mitad central entre -0,6 % y +0,6 %), y +0,2 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
