The USDA announced September’s Dairy Margin Coverage (DMC) margin
at $15.57 per hundredweight(cwt), the highest margin since
the program’s inception in 2019. The margin did not trigger
indemnities at any coverage level.
September’s margin made a $1.85 per cwt jump from
August’s margin of $13.72. From September 2023’s margin at $8.44
per cwt to September 2024, there is an outstanding 84.5% jump.