A new Information Letter Series publication by Andrew Novakovic highlights the FSA Final Rule on the Margin Protection Program for Dairy Producers (MPP-Dairy).
Milk production takes a leap up...and so do prices. Meanwhile global dairy prices are dropping. Mark Stephenson and Bob Cropp discuss the current situation and the outlook for prices. You can stream the 10 minute video here.
A new Working Paper by John Newton analyzes the implementation of multiple component milk pricing in the three federal orders of the Southeast. Results of the study demonstrate that component pricing could simplify the terms of trade between milk buyers and sellers and may facilitate movement of milk to its highest value and best use.