# Milk/feed price ratio

> 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.

- Page: https://feedsoft.ai/fundamentals/nass_feedratio_milk
- Category: Feeding Margins & Ratios · unit lb/lb

## Latest (2026-09-01, monthly)

| Last | Previous | 52w low | 52w high | Percentile of history |
| --- | --- | --- | --- | --- |
| 1.90 | 2.00 | 1.90 | 2.38 | 25% |

## Recent values

| Date | lb/lb |
| --- | --- |
| 2026-09-01 | 1.90 |
| 2026-08-01 | 2.00 |
| 2026-07-01 | 2.12 |
| 2026-06-01 | 2.23 |
| 2026-05-01 | 2.21 |
| 2026-04-01 | 2.23 |
| 2026-03-01 | 2.23 |
| 2026-02-01 | 2.16 |
| 2026-01-01 | 2.07 |
| 2025-12-01 | 2.24 |
| 2025-11-01 | 2.34 |
| 2025-10-01 | 2.38 |

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