# Dairy safety net in need of patches -  | Ag Proud

> Dairy economists and a cooperative leader told a House Agriculture subcommittee that the federal Margin Protection Program for Dairy needs changes. They cited a fall in the US all-milk price to $15.30 per cwt in March 2016 from a record $25.70 in September 2014.

- Date: 2016-06-02 · published 2016-06-02T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/7547-dairy-safety-net-in-need-of-patches-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Possible revisions to dairy safety-net policy could influence producer herd decisions and milk supply, though no immediate price change is set.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2018-04-26 | [There’s still time to weigh dairy safety net options -  \| Ag Proud](https://feedsoft.ai/events/65654-there-s-still-time-to-weigh-dairy-safety-net-options-ag-proud.md) | +4.8% | +4.9% |
| 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% |
| MILK | 2016-06-23 | [June sales period offers dairy margin protection option -  \| Ag Proud](https://feedsoft.ai/events/4754-june-sales-period-offers-dairy-margin-protection-option-ag-proud.md) | 0.0% | +15.5% |
| 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 | 2021-06-11 | [What happened? What’s next? - Is the market fixing itself? - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/46753-what-happened-what-s-next-is-the-market-fixing-itself-progressive-dairy-ag-proud.md) | +0.5% | -2.0% |

## Sources

- agproud.com: https://www.agproud.com/articles/19859-dairy-safety-net-in-need-of-patches

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