The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report Feb. 28, which includes feed costs and milk prices used to calculate the January Dairy Margin Coverage (DMC) program margins and indemnity payments. January’s margin was $13.85 per hundredweight (cwt), continuing momentum from the program’s historic margins realized in 2024.

In recent years, dairy farming costs have risen across several categories, posing challenges to farm profitability. However, not all costs are beyond a farmer’s control. By focusing on specific actionable items, farmers can manage expenses effectively without negatively impacting cow health or milk production.

The USDA’s World Ag Supply and Demand Estimates (WASDE) report offers forecasts for dairy, beef and feedstuffs.

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report Jan. 31, 2025, which includes feed costs used to calculate the December 2024 Dairy Margin Coverage (DMC) program margins and indemnity payments. December’s margin came in at $13.38 per hundredweight (cwt), concluding a year of mostly confident margins for dairy producers.

The USDA’s World Ag Supply and Demand Estimates (WASDE) report offers forecasts for dairy, beef and feedstuffs.

It was early in the afternoon at the tail end of calving season when my dad mercifully showed up at school to pull me out of my grade 11 history class. I remember thinking what a gorgeous day it was. An unseasonably warm stretch had melted most of the snow, the grass was starting to green up and, though I wasn’t sure, I thought I may have caught a snatch of meadowlark song.

With so many factors to consider, understanding a farm’s income over feed costs can take time, but that understanding also provides a clear map of the changes possible on the farm. By knowing the total costs associated with their operation, dairy farmers can weigh their options to find the next bump in their paycheck and support profitability.

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report Dec. 31, 2024, which includes feed costs used to calculate the November Dairy Margin Coverage (DMC) program margins and indemnity payments. As expected, the margin fell to $14.29 per hundredweight (cwt).

The USDA’s World Ag Supply and Demand Estimates (WASDE) report offers forecasts for dairy, beef and feedstuffs. 

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report Nov. 19, which includes feed costs used to calculate the October Dairy Margin Coverage (DMC) program margins and indemnity payments. The margin slipped to $15.17 per hundredweight (cwt).