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USDA's Farm Service Agency has begun paying Dairy Margin Coverage to producers, about $100 million for January through May. The May income-over-feed margin of $9.00/cwt triggered the fifth payment for producers who bought the $9.50 coverage level.
Support payments help keep dairy herds in production despite tight margins, sustaining feed demand, though the payments do not directly move feed or milk prices.
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。