# What happened? What’s next? - What’s in your mailbox? | Ag Proud

> Progressive Dairy's column reports that the USDA released December and annual 2020 mailbox milk price summaries, showing how COVID-19 disrupted milk marketing. It notes that the mailbox price lags the all-milk price and creates challenges for dairy risk management programs such as Dairy Margin Coverage.

- Date: 2021-05-07 · published 2021-05-07T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/47238-what-happened-what-s-next-what-s-in-your-mailbox-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The gap between mailbox and all-milk prices affects farm revenue and the design of dairy risk programs, but it does not directly move near-term milk futures.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-07-01 | [Mailbox milk prices: What do they tell us? - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/4203-mailbox-milk-prices-what-do-they-tell-us-progressive-dairy-ag-proud.md) | +6.5% | +7.4% |
| MILK | 2017-03-01 | [Milk prices, margins held in January -  \| Ag Proud](https://feedsoft.ai/events/5044-milk-prices-margins-held-in-january-ag-proud.md) | -5.5% | -6.2% |
| MILK | 2017-06-21 | [Weaker milk per cow tempered growth in May -  \| Ag Proud](https://feedsoft.ai/events/70632-weaker-milk-per-cow-tempered-growth-in-may-ag-proud.md) | +0.1% | -4.7% |
| MILK | 2023-04-03 | [Mailbox milk prices reached a new record](https://feedsoft.ai/events/36411-mailbox-milk-prices-reached-a-new-record.md) | +3.3% | +3.0% |
| MILK | 2017-03-21 | [U.S. milk output remains at high tide -  \| Ag Proud](https://feedsoft.ai/events/72003-u-s-milk-output-remains-at-high-tide-ag-proud.md) | +0.7% | -3.1% |

## Sources

- agproud.com: https://www.agproud.com/articles/35721-what-happened-whats-next-whats-in-your-mailbox

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