#May MILC Payment $1.22/cwt

Share on twitter
Share on facebook
Share on linkedin
Share on whatsapp
Share on email

The United States Department of Agriculture (USDA) announced Thursday the May Milk Income Loss Contract payment rate for May will be $1.22/cwt.
This payment rate is a penny higher than April, and the largest MILC payment since September 2009, which came in at $1.24. Recall that the February through September 2009 MILC payments averaged $1.60/cwt, with the largest coming in March 2009 ($2.01/cwt.).
For more on the MILC program, which is set to expire September 20, 2012, click here.
USDA also announced the May all-milk price at $16.20/cwt, which is the average price received by dairy producers across the country. The preliminary June all-milk price is $16.10, which would be $4.90 lower than the June 2011 all-milk price. The May 2012 all-milk price is $3.40/cwt lower than last year.
USDA’s June ag price report can be found here. http://usda01.library.cornell.edu/usda/current/AgriPric/AgriPric-06-28-2012.pdf

Mirá También

Así lo expresó Domingo Possetto, secretario de la seccional Rafaela, quien además, afirmó que a los productores «habitualmente los ignoran los gobiernos». Además, reconoció la labor de los empresarios de las firmas locales y aseguró que están «esperanzados» con la negociación entre SanCor y Adecoagro.

Te puede interesar

Notas
Relacionadas