Agri-Mark, which represents over 900 members, sent a letter to Ag Secretary Sonny Perdue asking him to implement price floors for butter, cheese, and nonfat dry milk. The cooperative would like to see wholesale prices for butter at $2.30, cheddar cheese at $1.64, and nonfat dry milk at 81 cents. Additionally, the cooperative would like USDA to purchase cheese, butter, and powder to be used in government programs at the requested wholesale prices.
Agri-Mark economist Dr. Robert Wellington says, “If you do that and just announce it, the industry will probably bring the price back up itself.” He also believes government action would also cause private consumers to raise their offers.
Milk prices are continuing to feel the pain of Chinese and Canadian tariffs. Despite a promise from Secretary Perdue that the administration will protect farmers from tariff pain but there have been no details from USDA on what kind of help is coming and when.
From the National Association of Farm Broadcasting News Service.
Any claim arising from the information contained on the eDairy News website shall be submitted to the competence of the ordinary courts of the First Judicial District of the Province of Cordoba (Primera Circunscripción Judicial de la Provincia de Cordoba), Republic of Argentina, in the city of Córdoba, excluding any other jurisdiction (Federal jurisdiction is also excluded).
Criteria in the moderation of comments that eDairy News will take into consideration in all its publications.
They will not be considered insults of any kind against anyone,, whether a user, moderator or publisher. Complaints made with the name and surname of the author of the commentary will only be accepted after confirmation by the moderator.
Unsubstantiated and gratuitous destructive criticism or expressions of bad taste, whether offensive, racist or xenophobic.
SPAM, (Insert links to web pages not related to the subject, provide emails, etc...)
Comments that are meaningless with the footnote or the dairy sector.