More money on the way for dairy farmers

More money is on the way. President Trump, speaking in Wisconsin last Thursday, announced an additional $14 billion for “agricultural producers facing market disruptions and associated costs because of COVID-19.”

The package includes up to $1 billion for the Farmers to Families Food Box program, which has benefited the dairy industry and likely propelled Friday’s block cheese skyward (details ahead). The aid will likely keep cheese prices strong and in turn milk prices, but will no doubt result in an oversupplied milk market.

Dairy farmers can sign up for direct payments through their local Farm Service Agency office but sign-ups end Dec. 11.