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Dairy groups criticized USDA's tariff aid, which provides about 12 cents per hundredweight on half of farms' highest 2011-13 milk production, an estimated $127.4 million total. NMPF said the payments cover less than 10 percent of dairy losses from retaliatory tariffs imposed by Mexico and China.
Milk futures have fallen sharply since late May.
Retaliatory tariffs cut export demand for dairy products and pushed down milk futures. Limited aid means producers may cut herd size or output, but the aid does not change the underlying price pressure.
agproud.comDave Natzke28 aug 2018Na 49 eerdere neerwaarts handel-gebeurtenissen bewoog Melk (Class III) zich mediaan -0,3% over 5 sessies (39% hoger; middelste helft -4,7% tot +1,5%), en -0,4% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
