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SW Wisconsin | So milk is being dumped, or plants can’t get enough of it, but May futures are down $0.66 today to $13.90, and everything out to May 2021 is down at least $0.34 and below $16. Because it’s dumped now the milk in a couple months is worthless? If corn can’t be processed now it can sit in the bin a little longer. If a steer can’t be processed he’ll stay on feed and get fat. If the milk can’t be processed today it’s gone, and everything that would have been made with it. I get that the supply chain is all a mess, but this is just weird. | |
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The great Covid-19 milk dump is on
