
Congress passed and President Trump signed a new farm bill that overhauls dairy risk management programs with more affordable, accessible insurance products. The bill changes the Class I fluid milk price formula to the average of Class III and IV plus 74 cents, and extends the Dairy Forward Pricing Program through 2023.
A 2019 all-milk price forecast of $16.70 to $17.60 per cwt accompanies the article.
The new margin protection tools may encourage producers to stay in production during low milk prices, supporting milk supply over time. The Class I formula change is described as revenue-neutral, so its direct price effect on milk is limited.
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。