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DMC margin settles at $11.10 per cwt in June

  • Writer: ZISK
    ZISK
  • Aug 6
  • 1 min read
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The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report July 31, which includes feed costs and milk prices used to calculate the June Dairy Margin Coverage (DMC) program margins and indemnity payments. June’s margin was $11.10 per hundredweight (cwt) due to cheaper feed costs, particularly corn which had the lowest monthly price since January.


A peek at June DMC

DMC program margin factors compared to the previous month:


  • Alfalfa hay: $244 per ton, down $33

  • Corn: $4.47 per bushel, down 17 cents

  • Soybean meal: $280.70 per ton, down $8.05

  • Total feed costs: $10.20 per cwt, down 70 cents

  • Milk price: $21.30 per cwt, no change

  • Margin above feed cost: $11.10 per cwt, up 70 cents


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Jenn Coyne

July 31, 2025

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