# News for Dairy Co-ops - December 2020 - NMPF

> NMPF congratulated President-elect Biden and pledged bipartisan cooperation after the November election. The organization also reported that October Dairy Margin Coverage margins exceeded the trigger and expected declines in 2021 margins.

- Date: 2020-12-01 · published 2020-12-01T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/4225-news-for-dairy-co-ops-december-2020-nmpf
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower expected 2021 dairy margins point to reduced farm income and possibly tighter dairy herd economics, a modest signal for milk price direction.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2025-09-27 | [Milk checks reflect new Federal Order pricing - Dairy Star](https://feedsoft.ai/events/23043-milk-checks-reflect-new-federal-order-pricing-dairy-star.md) | -2.0% | -3.9% |
| MILK | 2020-04-07 | [Mielke: Dairy industry calls for help \| Capital Press](https://feedsoft.ai/events/5746-mielke-dairy-industry-calls-for-help-capital-press.md) | -1.7% | -16.9% |
| MILK | 2020-09-23 | [2020 Negative PPD challenges snowballing - Brownfield Ag News](https://feedsoft.ai/events/51131-2020-negative-ppd-challenges-snowballing-brownfield-ag-news.md) | +0.5% | +31.9% |
| MILK | 2020-08-06 | [Demand for Cheese Declines, Prices Take a Tumble \| Red River Farm Network](https://feedsoft.ai/events/8833-demand-for-cheese-declines-prices-take-a-tumble-red-river-farm-network.md) | -0.1% | -14.9% |
| MILK | 2024-11-25 | [“By The Middle Of Next Year, Expansions To US Cheese Processing Are Expected To Boost Cheese Output By Nearly 20 Million Pounds Per Day." - EDairy News English](https://feedsoft.ai/events/27554-by-the-middle-of-next-year-expansions-to-us-cheese-processing-are-expected-to.md) | -0.1% | -6.1% |

## Sources

- nmpf.org: https://www.nmpf.org/newsletter/news-for-dairy-co-ops-december-2020/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.