
Congress passed and President Trump signed a new farm bill that overhauls dairy risk management programs with more affordable, accessible insurance products. The bill changes the Class I fluid milk price formula to the average of Class III and IV plus 74 cents, and extends the Dairy Forward Pricing Program through 2023.
A 2019 all-milk price forecast of $16.70 to $17.60 per cwt accompanies the article.
The new margin protection tools may encourage producers to stay in production during low milk prices, supporting milk supply over time. The Class I formula change is described as revenue-neutral, so its direct price effect on milk is limited.
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.