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A Pennsylvania risk management specialist outlined dairy margin protection options through USDA's LGM-Dairy program during the June sales period. Expected MPP-Dairy margins for May-June were projected at $5.90 per hundredweight, with an indemnity of about $0.60 per hundredweight for producers insured at $6.50.
Rising milk futures improve forecast margins under the MPP-Dairy program, reducing the need for indemnity payments. Farm risk management choices affect how much milk producers may hold or cut.
agproud.comDave NatzkeJun 23, 2016After 93 past neutral policy events, Milk (Class III) moved a median -0.0% over 5 sessions (48% higher; middle half -0.6% to +0.6%), 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.
