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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 de ago. de 2020Após 93 eventos neutro de política passados, Leite (Classe III) subiu em mediana -0,0% em 5 sessões (48% de alta; metade central de -0,6% a +0,6%), e +0,2% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
