Articles Tagged with ''Dairy Margin Coverage''
August delivers with $13.72 DMC margin
Milk prices rally while feed costs fall in August to support a Dairy Margin Coverage program margin of $13.72 per cwt, the highest margin recorded since the program’s inception in the 2018 Farm Bill.
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Dairy risk management calendar: October
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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July DMC margin highest since May 2022
A continued downturn in feed costs contributed to a favorable income over feed cost for dairy producers last month. July’s Dairy Margin Coverage margin was $12.33 per cwt, the highest the program’s seen since May 2022.
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Dairy risk management calendar: September 2024
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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June DMC margin is $11.66 per cwt, premiums due soon
A staggering drop in feed costs and a rising milk price in June supported a margin not seen since 2022 for the Dairy Margin Coverage program. With few indemnity payments issued, producers are reminded that premiums for 2024 coverage must be paid by September.
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Dairy risk management calendar: August 2024
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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May DMC margin is $10.52 per cwt
No indemnity payments for the Dairy Margin Coverage program were issued for the third consecutive month. Income over feed costs continue to be favorable for dairy producers despite higher feed prices.
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Dairy risk management calendar: July 2024
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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April DMC margin is $9.60 per cwt
The feed market was strong in April, but milk prices held on to end the month with a $9.60 per hundredweight (cwt) income over feed cost margin. This is the second time in 2024 that indemnity payments are not triggered through the Dairy Margin Coverage program.
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