Missouri Dairy Business Update Commercial Agriculture
Volume 2, Number 5

May 2002

Perspective on the New Government Payments

To get some perspective on how often the new market loss payment program will offer payments to dairymen, Bill Brooks, Dairy Economist with e-dairy explains that the $16.94 Class I Boston price is equivalent to a $13.69 Class I price mover, (higher of Class III or Class IV).

Brooks prepared the graph below depicting how often during the last four years prices have dropped enough that government market loss payments would have been triggered. For more information, check out e-dairy's new revamped website at: http://www.dairy.nu/

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