# Washington Dairygrams: December 2022

> Class III and IV futures were roughly even at about $19.97 per hundredweight for the first half of 2023 at the December 8 close. Those contracts averaged $19.38 and $19.57 on November 1. Dairy Margin Coverage enrollment was extended to January 31, 2023, and early projections indicate payments in 2023.

- Date: 2022-12-10 · published 2022-12-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38265-washington-dairygrams-december-2022
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher forward milk futures since November support farm margins, and expected DMC payments provide a floor for producer income, though the price effect is modest.

## Read by commodity

- MILK: neutral

## Sources

- hoards.com: https://hoards.com/article-32967-washington-dairygrams-december-2022.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.