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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 Morais2020年8月13日在过去 93 次中性的政策事件之后，牛奶(III类) 在 5 个交易日内中位数变动 -0.0%（48% 上涨；中间一半区间为 -0.6% 至 +0.6%），20 个交易日内为 +0.2%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
