milk dairy

Milk Prices Below Expectations, Could Go Lower Next Year

Dan Dairy, Economy

milk dairy
Filling The Milk Storage Tank In Modern Dairy
By Lik Studio/Shutterstock

Earlier this month, it was announced that the June margin under the Dairy Margin Coverage (DMC) program dropped 65 cents from May’s margin to $6.24/cwt, which will generate a June payment of $3.26/cwt for $9.50/cwt coverage.

So dairy operators are getting the benefits of the DMC program this year, and according to a story from Gary Crawford that may continue in 2022.

Milk Prices Below Expectations, Could Go Lower Next Year