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MPP Forecast – June 2016

June 3, 2016












NMPF’s forecast for MPP margins for the remainder of 2016 – based on early June milk and feed futures prices – indicates that nearby margins may dip below the $6 threshold before strengthening in the 4th quarter of 2016 and into 2017. 

The USDA announced earlier this week that the March-April MPP margin is $7.15/cwt.  Those who chose buy-up coverage at the $8 level will receive approximately $0.85/cwt. on one-sixth of their production history, and those covered at $7.50 will receive approximately $0.35/cwt.