The USDA announced September’s and October’s
margin to be $10.87 and $10.52 per hundredweight (cwt) for
the Dairy Margin Coverage (DMC), down 65 cents and $1.00 from
August’s margin of $11.52 per cwt. For both months, margins were
above $9.50, which resulted in no indemnities being triggered at
any coverage level.
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