Articles Tagged with ''Dairy Margin Coverage''
November 2023 DMC margin moves above indemnity trigger
Small changes in the U.S. average feed cost and milk price were enough to push November’s Dairy Margin Coverage (DMC) margin higher.
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Dairy risk management calendar: January 2024
The 2024 Dairy Margin Coverage (DMC) program enrollment period should be announced soon.
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Economic Update: January 2024 Class I base price weakens
‘Average-of’ formula continues to impact price
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Weekly Digest: Whole milk in school
Approved in the House, a bill expanding school milk options faces delays in the Senate.
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Look for 2024 DMC program enrollment details early next year
As we saw in recent years, using beginning of the year milk and feed price forecasts to determine DMC participation can be risky.
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Weekly Digest: DMC payments, dairy export updates
The USDA’s dairy export forecast is reduced as the overall ag trade deficit grows.
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October DMC margin hits 10-month high at $9.44 per cwt
Overall U.S. average feed costs were lower and milk prices were up, pushing the milk income margin to the highest level since December 2022.
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Dairy risk management calendar: December 2023
Progressive Dairy provides monthly online updates of important dates, reports and factors affecting risk management decisions.
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Economic Update: December 2023 Class I base price steady
Dairy cow culling remained slower in October and average farm wages were up.
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