# News for Dairy Co-ops - September 2021 - NMPF

> NMPF responded to USDA's $350 million Pandemic Market Volatility Assistance Program, which reimburses dairy producers for losses tied to changes in the Class I fluid milk price formula. NMPF said the payments fall short because production caps limit assistance for many farmers.

- Date: 2021-09-03 · published 2021-09-03T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/4916-news-for-dairy-co-ops-september-2021-nmpf
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The payments may support dairy herd retention and milk output, but the limited coverage leaves producer margins tight. The effect on milk prices is likely small and indirect.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-05-18 | [Weekly Digest: Dairy co-ops add support to NMPF petition \| Ag Proud](https://feedsoft.ai/events/36096-weekly-digest-dairy-co-ops-add-support-to-nmpf-petition-ag-proud.md) | +0.1% | -7.8% |
| MILK | 2018-12-26 | [Lots of good things for dairy in new farm bill](https://feedsoft.ai/events/61717-lots-of-good-things-for-dairy-in-new-farm-bill.md) | -0.1% | +1.1% |
| MILK | 2023-05-03 | [2023 Dairy outlook update - Dairy Producer](https://feedsoft.ai/events/35962-2023-dairy-outlook-update-dairy-producer.md) | -11.9% | -13.2% |
| MILK | 2017-10-11 | [Farm Bill Primer: Dairy Safety Net - EveryCRSReport.com](https://feedsoft.ai/events/68458-farm-bill-primer-dairy-safety-net-everycrsreport-com.md) | +0.6% | -1.4% |
| MILK | 2019-07-01 | [Farmers give new dairy safety net a try \| Capital Press](https://feedsoft.ai/events/4200-farmers-give-new-dairy-safety-net-a-try-capital-press.md) | +6.5% | +7.4% |

## Sources

- nmpf.org: https://www.nmpf.org/newsletter/news-for-dairy-co-ops-september-2021/

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