
USDA's Agricultural Marketing Service declined to hold an emergency hearing on a request from more than 20 dairy cooperatives to temporarily raise the Class I base price to $15.68 per cwt for June through August 2020. Dairy economists raised concerns that the proposal could have long-term negative effects.
Without the hearing, the proposed temporary Class I price increase will not move forward, so milk prices stay tied to market conditions. The decision removes a possible short-term floor that cooperatives had sought.
Setelah 93 peristiwa kebijakan netral sebelumnya, Susu (Class III) bergerak median -0,0% selama 5 sesi (48% lebih tinggi; separuh tengah -0,6% sampai +0,6%), dan +0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.