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DMC Continues to Deliver Payments to Producers


While considerably lower than the previous month’s payouts, a Dairy Margin Coverage (DMC) payment was triggered once again for the month of September.


At just $1.06 per cwt., the September DMC margin triggers an indemnity payment coverage level of $9.50 per cwt. This is calculated to be $755.54 for each one million pounds enrolled. This DMC payment reflects higher milk price – the highest since March and lower feed prices, with declining corn and soybean meal prices.


By KAREN BOHNERT

November 1, 2023

dairyherd.com



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