December 7, 2022: Dairy Week In Review

The October Dairy Margin Coverage (DMC) feed cost decreased by 59 cents per hundredweight (cwt) and the U.S. all-milk price increased an unexpected $1.50 per cwt relative to September to  improve the DMC margin by $2.09 to $10.71 per cwt. This represents the largest month-to-month increase in the program’s history. The October DMC margin does not trigger an indemnity at any margin coverage after payments were triggered in August and September. Read More