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The American Dairy Coalition said it wants a formal role in discussions on milk pricing reform. Its CEO said some dairy farmers lost millions of dollars because negative producer price differentials were deducted from milk checks during the pandemic.
About 70% of farms were affected to varying degrees.
Changes to federal order pricing would affect how much producers receive for milk and how much risk they carry. The debate itself does not change current milk prices.
capitalpress.comCAROL RYAN DUMASCapital PressApr 6, 2021After 147 past policy events, Milk (Class III) moved a median -0.1% over 5 sessions (46% higher; middle half -1.0% 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.
