Articles Tagged with ''feed costs''

March DMC margin is $9.65 per cwt

Feedstuff and milk prices held steady in March for a DMC margin of $9.65 per cwt, the first since December 2022 to not trigger a payment through the dairy risk management program.
April 30, 2024
Jenn Coyne

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report April 30, which includes feed costs used to calculate March Dairy Margin Coverage (DMC) program margins and indemnity payments. Consistent feedstuff prices and a slight improvement in the all-milk price brought the average milk income margin to $9.65 per hundredweight (cwt).


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Prebiotic tools and supplement needs during breeding and spring turnout

The grass may be greener on the other side of the fence, but is it providing quite enough nutritional value to your cow herd? Prebiotic supplements can help cattle utilize available feed to its fullest potential.
April 11, 2024
Chris Cassady

Spring is my favorite time of the year. The strain of calving season is wrapping up, and the days are getting longer with warm weather setting in for good.


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February DMC margin is $9.44 per cwt

An improved all-milk price by 50 cents coupled with mostly lower feed costs gave way to a DMC margin of $9.44, still triggering payments through the program.
March 28, 2024
Jenn Coyne

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report March 28, which includes feed costs used to calculate February Dairy Margin Coverage (DMC) program margins and indemnity payments.


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Who is in your corner when times get tough?

Evaluating fixed and variable costs throughout the operation can help identify areas where cost and labour savings can be achieved. However, cow comfort is an area that should not be cut.
March 28, 2024
Leo Pauls

It’s uncertain what will happen in the next quarter or two, but we all want to see farms succeed. Dairy farms help feed the world, and by taking a closer look at your operations, expenses and the comfort of your cows, you can identify areas for improvement that will keep your business profitable.


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USDA milk production lower due to lower cow inventories

The 2024 milk production forecast was lowered from last month. In addition, strong demand and price strength raised cheese and butter prices, while nonfat dry milk and whey price forecasts were lowered based on recent prices.
March 11, 2024
Audrey Schmitz

The USDA’s World Ag Supply and Demand Estimates (WASDE) report identifies milk and feed factors potentially impacting dairy producer income in the year ahead.


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January DMC margin is $8.48 per cwt

Lower feed costs lessened the blow of suppressed milk prices in January, yet combined, triggered the first DMC payment for 2024.
February 29, 2024
Jenn Coyne

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report Feb. 29, which includes feed costs used to calculate January Dairy Margin Coverage (DMC) program margins and indemnity payments.


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