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December rounds out 2024 with no DMC payment

ZISK

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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