Analysts encourage producers to take advantage of dairy markets
Dairy markets are seeing positive moves as more restaurants reopen and analysts are encouraging producers to take advantage of the opportunity because the long-term outlook remains uncertain.
“We were talking doom and gloom here just the middle of April and we now got a total flip side...Talk to your market advisors, insurance groups, take a look at the DRP program... there are things of that nature, or if you are making sales, find a way to keep that top side open, because things can get explosive in the milk markets and we’re seeing that right now,” said John Heinberg with Total Farm Marketing,
The USDA recently announced the Dairy Revenue Protection Program will include payments to producers that were forced to dump milk.
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