# Dairy income over feed cost

> Dairy income over feed cost ($/cwt): Milk price minus the feed to make 100 lb of milk, using USDA's Dairy Margin Coverage ration: 1.0728 bu corn + 0.00735 t soybean meal + 0.0137 t alfalfa hay. Below ~$8/cwt dairy margins are tight. Source: Feedsoft, from benchmark prices.

- Page: https://feedsoft.ai/fundamentals/margin_dairy_iofc
- Category: Feeding Margins & Ratios · unit $/cwt

## Latest (2026-11-10, derived)

| Last | Previous | 52w low | 52w high | Percentile of history |
| --- | --- | --- | --- | --- |
| 6.62 | 7.34 | 3.89 | 8.22 | 44% |

## Recent values

| Date | $/cwt |
| --- | --- |
| 2026-11-10 | 6.62 |
| 2026-11-09 | 7.34 |
| 2026-11-08 | 6.39 |
| 2026-11-06 | 7.39 |
| 2026-11-05 | 7.40 |
| 2026-11-04 | 7.52 |
| 2026-11-03 | 4.89 |
| 2026-11-02 | 4.82 |
| 2026-10-30 | 4.76 |
| 2026-10-29 | 4.73 |
| 2026-10-28 | 4.72 |
| 2026-10-27 | 4.78 |

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