# Washington Dairygrams - February 2022

> Dairy Margin Coverage made no payout for the first time in 12 months as the All-Milk price climbed to $21.80. Class IV futures averaged $22.40 per cwt for February to December, and Fonterra raised its New Zealand milk price midpoint to NZ$9.20.

- Date: 2022-02-09 · published 2022-02-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/42727-washington-dairygrams-february-2022
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher milk and dairy futures prices reduce the margin pressure on dairy farms. This suggests sustained demand for dairy feed as producers can afford to maintain rations.

## Read by commodity

- MILK: bullish ▲

## Sources

- hoards.com: https://hoards.com/article-31506-Washington-Dairygrams--February-2022.html

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