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Dairy producers are being asked to sign a letter to the National Milk Producers Federation and the International Dairy Foods Association over depooling. Depooling has caused negative producer price differential deductions on milk checks, leaving some farmers unable to benefit from DMC and DRP risk protection.
Signatures were accepted until April 5.
Negative producer price differentials reduce the net milk price farmers receive, which can tighten margins and affect dairy herd and feed purchasing decisions.
hoards.comAre Your Replacement Heifers on Track?Mar 29, 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.
