September 25, 2020: CFAP 2

This has certainly been a year to remember. Unprecedented milk price volatility perhaps has left you not knowing what is going to happen next. At the end of 2019, market fundamentals were pointing to stronger prices in 2020 compared with 2019, which, for the most part, was a decent year. No market indicators were pointing to anything that looked like 2020 milk prices would crash. However, in mid-March, when much of the economy shut down to try to mitigate the spread of COVID-19, the dairy markets crashed. Read More