The summer of 2020 saw three months of negative producer price differentials taken from dairy farmers’ milk checks, and while it wasn’t the first time that’s happened, the deductions were the highest since 2000, according to University of Minnesota dairy economist Marin Bozic. During a five-month timeframe in 2012, PPDs were negative to the tune of around 80 cents, but the negative differential in June through August of this year was around $3.57. Part of the problem is the way the federal government manages dairy inventory through supplemental food programs and cold storage. It’s a call for investigation into the federal milk pricing system, Bozic said. See and hear more here.