
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.
A peek at December 2024 DMC
DMC program margin factors compared to the previous month:
Alfalfa hay: $230 per ton, down $5
Corn: $4.23 per bushel, up 16 cents
Soybean meal: $303.63 per ton, down $12.55
By Jenn Coyne
January 31, 2025
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