Dairy economist is concerned about what milk pricing consensus might look like

Dairy economist is concerned about what milk pricing consensus might look like

Dairy groups are continuing to talk about needed reforms in milk pricing ahead of the next farm bill.  Ag Secretary Tom Vilsack has already said the industry needs to form a consensus before he would open up a federal milk marketing order hearing, but University of Minnesota dairy economist Dr. Marin Bozic cautions about what that consensus might look like. “So, with the Class I mover reform from 2018 can caution this, is that they should not define consensus to narrowly and crafting policies behind tightly-closed doors is a bad deal and the resulting reform may suffer from a fragile or flawed design.