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The International Dairy Foods Association outlines five policy objectives for 2023, including nutrition, global competitiveness and sustainability. It cites USDA data showing per capita dairy consumption rose by 12.4 pounds in 2021.
The piece is an industry advocacy statement.
Policy priorities such as SNAP milk incentives and export competitiveness could marginally affect dairy demand and the milk price outlook. The direct impact on feed commodities is small.
dairyfoods.comMichael DykesDec 30, 2022After 1,623 past policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 1,019 past policy events, Wheat (SRW) moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
