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It has been a difficult year for marketing especially in light of the large negative Producer Price Differentials making it hard to know exactly what you are protecting. Some strategies work better than others.
A stronger CME spot dairy product trade was met with a lower Class III trade on Wednesday but slightly higher Class IV trade.
DFA executive vice president and chief of staff, Monica Massey, says “direct shippers will get to decide where to ship their milk.”
UPDATED with plant locations. Dairy Farmers of America, Inc. (DFA) today said they have reached an agreement with Dean Foods to acquire 44 of the processors facilities and associated direct store delivery system.
Dean Foods said it has nearly $850 million secured in debtor-in-possession financing to continue regular operations until the deal is finished.
Check out this essential 2020 MILK Business Conference On Demand content from Farm Journal’s MILK.