# Pandemic Weakening Milk Prices; Industry Calls for Policy Action - EveryCRSReport.com

> A CRS report says US milk prices for 2020 have weakened as the pandemic weakens the economy, after a period of low prices that led to farm exits and processor bankruptcies. It describes the Dairy Margin Coverage program, which pays producers when the margin between milk and a feed ration value based on corn, soybean meal and alfalfa narrows.

- Date: 2020-04-10 · published 2020-04-10T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/53641-pandemic-weakening-milk-prices-industry-calls-for-policy-action-everycrsreport
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Weaker milk price prospects reduce dairy herd feed demand expectations and reflect a bearish milk outlook, while the DMC program provides a safety net for producers.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-04-07 | [Mielke: Dairy industry calls for help \| Capital Press](https://feedsoft.ai/events/5746-mielke-dairy-industry-calls-for-help-capital-press.md) | -1.7% | -16.9% |
| MILK | 2023-09-26 | [Milk, cheese prices fall while USDA, industry discuss proposals - Brownfield Ag News](https://feedsoft.ai/events/34251-milk-cheese-prices-fall-while-usda-industry-discuss-proposals-brownfield-ag-news.md) | -0.2% | -8.5% |
| MILK | 2023-11-28 | [Make allowances and milk prices \| Dairy Processing](https://feedsoft.ai/events/6754-make-allowances-and-milk-prices-dairy-processing.md) | -5.8% | -6.1% |
| MILK | 2020-08-06 | [Demand for Cheese Declines, Prices Take a Tumble \| Red River Farm Network](https://feedsoft.ai/events/8833-demand-for-cheese-declines-prices-take-a-tumble-red-river-farm-network.md) | -0.1% | -14.9% |
| MILK | 2020-06-30 | [Negative PPDs to Offset Milk Price Rally \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/52775-negative-ppds-to-offset-milk-price-rally-farm-bureau-intel-markets-american.md) | +11.9% | +16.6% |

## Sources

- everycrsreport.com: https://www.everycrsreport.com/reports/IN11326.html

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