The December 2021 Dairy Margin Coverage (DMC) margin was announced earlier this week. For the first time in 13 months, the price eclipsed the maximum $9.50 margin coverage, but just barely. The DMC margin was announced as $9.53 per cwt. A $1.00 per cwt increase in the all-milk price overwhelmed a 61 cents per cwt increase in the DMC feed cost compared to November 2021 to raise the DMC margin above $9.50 for the first time since November 2020. Read More
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