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There apparently has been an update in the decade-long saga of the DairyAmerica milk powder lawsuit. Meanwhile, about 26,000 U.S. dairy farmers are waiting for approximately $26 million in settlement agreement payments.

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The June U.S. average milk price jumped while feed costs moved lower, resulting in the largest monthly Dairy Margin Coverage (DMC) program income margin since February. However, the weight of negative producer price differentials (PPDs) under the Federal Milk Marketing Order (FMMO) system – not included in risk management program calculations – along with high levels of depooling, left the announced milk price and DMC margin somewhat deceptive.

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Even though COVID-19 has only been around for a few months, some consumer trends are already becoming apparent and important, says Larry Levin, executive vice president, market and shopper intelligence, with the data analytics and market research company IRI.

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