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Northeast dairy farmers saw July milk checks lower than expected despite high Class III prices because of negative producer price differentials. Enrollment in USDA's Dairy Margin Coverage program fell sharply this year, with only about 35 percent of Pennsylvania farms signing up versus 87 percent last year.
The article advises farmers to use risk-management tools as COVID-19 may still disrupt markets.
Lower DMC participation leaves more producers exposed to margin squeezes, which could reduce herd feeding budgets and feed purchasing if prices fall. The story describes risk management rather than a new price shock.
en.edairynews.comDamián Morais13 aug 2020Na 93 eerdere neutraal beleid-gebeurtenissen bewoog Melk (Class III) zich mediaan -0,0% over 5 sessies (48% hoger; middelste helft -0,6% tot +0,6%), en +0,2% 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.
