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Columnist Maurice Eastridge argues that dairy forecasts are imperfect, noting the pandemic was absent from late-2019 projections for 2020. He urges producers to prepare for continued challenges in 2021 as forecasters weigh pandemic and other uncertainties.
Heightened uncertainty about 2021 dairy markets supports caution in producer risk management, with no clear directional price signal.
farmanddairy.comMaurice EastridgeDec 3, 2020Not enough comparable past events yet for a historical read.
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.
