Woman buying milk.
February 1, 2017

Milk-Feed Margin Surpasses $11/cwt

Top Story  |   |  By: Jim Dickrell

The United States Department of Agriculture reported this week that the milk-feed margin for December was $11.10, up $1.12 from November. The average for the two months comes in at $10.54, which of course means no margin indemnities will be paid through the Margin Protection Program.

The December margin increase was driven by higher milk prices, with the U.S. all-milk price coming in at $18.80. That’s up $1.20/cwt from November. Feed prices were largely unchanged from November.

The $11.80 margin in December was the highest margin since the spring of 2014.  Then, the margins exceeded $12 in March, April and May when milk prices were in the $24 to $25/cwt range.

You can see all the MMP information here.