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The American Dairy Coalition wrote to USDA Secretary Tom Vilsack seeking an update on a possible Federal Milk Marketing Order hearing. The group asked that any increase in processor make allowances also account for higher farmer costs, and it raised the Class I pricing formula and reform consensus.
Changes to milk pricing rules could shift how much of the milk price reaches farmers, affecting milk supply and feed demand over time.
agproud.comDave NatzkeJun 2, 2022After 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.
