USDA’s Farm Service Agency announced an October 2015 MPP-Dairy margin of about $9.21/cwt. It's the largest monthly margin so far in 2015, and means there will be no indemnity payment for the September-October payment period.
While supply management is law north of the U.S. border, in this country cooperatives are self-imposing the practice in times of tight capacity like the current glut in the northeast. Farm Progress first reported that Land O’Lakes sent its eastern region members Pennsylvania notice that a quota would be established, effective January 1.
Thailand is "highly likely" to seek membership of the Trans-Pacific Partnership (TPP) but would first need to weigh up the impact of the free-trade accord on its export-led economy, a deputy prime minister said on Friday.