The USDA announced February 2025’s margin at $13.12 per hundredweight
(cwt). While there was a 73-cent drop from January’s $13.85 per cwt, the
margin is still $3.62 above the $9.50 trigger. This means indemnities were
not paid out at any coverage level. February marks the second consecutive
month for the program year 2025 that dairy farmers will not see payments.
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