More U.S. dairy products have likely moved through government programs in 2020 than at any other point in the past 30 years. How much of an impact have those purchases had on dairy prices?
“The volatility within dairy has been very, very extreme,” said Kyle Schrad, vice president of Global Dairy and Food Operations at StoneX Financial Corporation. (Figure 1)
The dairy industry is in a much better financial position today than anyone would have thought back in late March when the COVID-19 pandemic was beginning to create unprecedented effects across the country
“2020 has certainly been a roller coaster year,” said dairy analyst Matt Gould, stating the obvious during the Pennsylvania Center for Dairy Excellence’s “Navigating the Numbers”...
In your September 10, 2020 issue . . .COULD DAIRY’S “V-SHAPED” RECOVERY transcend into a “W-shaped” price swoon? If shifted from a “V” to a “W-shaped”...
“If you happened to max out on Dairy Margin Coverage (DMC), are going to receive Coronavirus Food Assistance Program (CFAP) payments, you did Dairy Revenue Protection (DRP), or are locked in at a...
While the dairy industry and many agriculture commodities have seen better prices in the last few weeks, market fluctuations and pessimism still prevail in the countryside
More than $545 million in producer payments through the Coronavirus Food Assistance Program (CFAP) have already been approved by the USDA Farm Service Agency (FSA)
With last week’s initiation of sign up for the Coronavirus Food Assistance Program (CFAP), farmers now have some clarity on the various programs available to them and can begin to formulate their...
The National Milk Producers Federation thanked President Trump and Agriculture Secretary Sonny Perdue for supporting dairy in USDA’s $16 billion agriculture payments plan, details of which were released...
The pandemic-related bottlenecks for agriculture have been well-documented in news reports. The question stands: Which ones can be remedied moving forward?
The projected aid for dairy comes to $6.18 per hundredweight. However, that money will be split into two payments of $4.71 and $1.47 per cwt., respectively