Featured Article – MPP Revisited
Our feature article this month revisits a topic that we have examined previously in the dairy sector. The Margin Protection Plan or MPP program is now entering its second full year, and the first milk margin pay period calculation for 2016 has just been determined. We explore some ….
Margin Watch Reports
The USDA released several highly anticipated reports this month which had a noticeable impact on margins. The Prospective Plantings report detailed initial estimates for corn and soybean acreage this spring based on a survey of producers. Corn plantings in particular were a bearish surprise coming in well above market expectations. Meanwhile, the Quarterly Stocks report revealed …