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Mar 3, 2022REPORTUS

Surging Milk Price Boosts DMC Margin

The January US Dairy Margin Coverage margin rose just over $2 per cwt to $11.54, driven by a $2.40 jump in the all-milk price. Feed costs rose only 39 cents over the same period.

WHY IT MATTERS

A sharp milk price rise with only modest feed cost gains widens dairy margins, supporting dairy herd expansion and future demand for feed ingredients.

AFFECTSMilk (Class III)▲

SOURCE
nmpf.orgTheresa SweeneyMar 3, 2022

Price reaction & history

Milk (Class III)▲bullishSO FAR1d +0.9%5d +1.3%20d +5.5%

After 237 past bullish report events, Milk (Class III) moved a median +0.0% over 5 sessions (51% higher; middle half -0.3% to +0.6%), and +1.2% over 20.

Mar 1, 2017Milk prices, margins held in January - | Ag Proud-5.5%
Feb 28, 2019Cow numbers drop, milk prices begin to rise-0.8%
Mar 21, 2019Milk prices may start moving in the right direction+0.9%
Mar 5, 2026February milk prices to get boost from dairy byproducts | Ag Proud-2.5%
Mar 10, 2026USDA boosts 2026 milk production forecast as prices strengthen | Ag Proud-1.5%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Milk (Class III) MILK · GP ▸

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