# Surging Milk Price Boosts DMC Margin - NMPF

> 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.

- Date: 2022-03-03 · published 2022-03-03T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/8439-surging-milk-price-boosts-dmc-margin-nmpf
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## 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.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-03-01 | [Milk prices, margins held in January -  \| Ag Proud](https://feedsoft.ai/events/5044-milk-prices-margins-held-in-january-ag-proud.md) | -5.5% | -6.2% |
| MILK | 2019-02-28 | [Cow numbers drop, milk prices begin to rise](https://feedsoft.ai/events/60592-cow-numbers-drop-milk-prices-begin-to-rise.md) | -0.8% | -1.5% |
| MILK | 2019-03-21 | [Milk prices may start moving in the right direction](https://feedsoft.ai/events/60256-milk-prices-may-start-moving-in-the-right-direction.md) | +0.9% | +6.6% |
| MILK | 2026-03-05 | [February milk prices to get boost from dairy byproducts \| Ag Proud](https://feedsoft.ai/events/4599-february-milk-prices-to-get-boost-from-dairy-byproducts-ag-proud.md) | -2.5% | +5.6% |
| MILK | 2026-03-10 | [USDA boosts 2026 milk production forecast as prices strengthen  \| Ag Proud](https://feedsoft.ai/events/20169-usda-boosts-2026-milk-production-forecast-as-prices-strengthen-ag-proud.md) | -1.5% | +5.6% |

## Sources

- nmpf.org: https://www.nmpf.org/surging-milk-price-boosts-dmc-margin/

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