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Milk/feed price ratio — chart & history
Milk/feed price ratio (lb/lb): Pounds of 16% dairy ration one pound of milk buys. Above ~2.0 dairy margins are comfortable; below ~1.5 herds tend to shrink. Source: USDA NASS Quick Stats.
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Milk/feed price ratio (lb/lb): Pounds of 16% dairy ration one pound of milk buys. Above ~2.0 dairy margins are comfortable; below ~1.5 herds tend to shrink. Source: USDA NASS Quick Stats.
Weekly releases shift a day around federal holidays.
| As of | Last | Previous | 52w low | 52w high |
|---|---|---|---|---|
| Sep 1, 2026 | 1.90 | 2.00 | 1.90 | 2.38 |