
The National Milk Producers Federation and International Dairy Foods Association asked USDA for aid, including $3 per hundredweight payments on 90% of production for farms cutting output 10%, and $525 million in government dairy product purchases. Dairy markets kept falling in early April as food service sales collapsed and producers dumped milk.
Proposed production cuts and government purchases could reduce surplus supply and support milk prices, though demand losses still dominate.
Setelah 24 peristiwa kebijakan bearish sebelumnya, Susu (Class III) bergerak median -0,1% selama 5 sesi (33% lebih tinggi; separuh tengah -1,8% sampai +0,5%), dan -4,6% 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.