Loading…
USDA's Farm Service Agency extended efforts to help dairy farmers enroll in the 2018 MPP-Dairy program before a June 1 deadline. Farmers electing $7 to $8 per cwt margin coverage are guaranteed indemnity payments for February through April milk production.
Income support through MPP-Dairy can keep marginal farmers producing, which limits near-term supply tightening and tempers milk price gains.
agproud.comDave NatzkeMay 31, 2018After 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.
