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Risk Management
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July 2023 DMC margin falls to $3.52 per cwt

Feed costs were mixed and milk prices weakened, driving dairy producer income margins to a new record low.
August 31, 2023
Dave Natzke

The milk income over feed cost margin should have finally reached bottom in July.


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Dairy risk management calendar: September 2023

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
August 28, 2023
Dave Natzke

Here’s an update on risk management tools available through the USDA and/or USDA’s Risk Management Agency (RMA), as well as other information impacting your milk check.


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Economic update: September 2023 Class I base price rebounds

July’s Dairy Margin Coverage (DMC) program margin and indemnity payments will be announced later this week.
August 28, 2023
Dave Natzke

High summer culling rates are helping kick off better milk prices this fall.


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Crop season safety

August 3, 2023
Jim Carrabba, Joe Lawrence, and Kirsten Workman

Farming is not just a job. It is a way of life. Unfortunately, many dangers are associated with this vocation. Individuals on farms are exposed to a host of mechanical and environmental hazards every day that increase risk of injury or death.


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Economic update: ‘Dog days’ of summer have bark, bite

Here’s an update of factors impacting your dairy income as July-August’s “dog days” of summer near their conclusion.
August 1, 2023
Dave Natzke

Despite weakening milk prices this summer, U.S. average prices for replacement cows moved higher, while strong beef prices continued to push market cow prices to an eight-year high.


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June 2023 DMC margin falls below ‘catastrophic’ floor

Despite lower feed costs, lower milk prices drove dairy producer margins to new lows.
July 28, 2023
Dave Natzke

DMC indemnity payments will surpass income margins for many dairy producers.


Read More

Dairy risk management calendar: August 2023

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
July 22, 2023
Dave Natzke

Here’s an update on risk management tools available through the USDA and/or USDA’s Risk Management Agency (RMA), as well as other information impacting your milk check.


Read More

Dairy risk management calendar: July 2023

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
June 21, 2023
Dave Natzke

Here’s an update on risk management tools available through the USDA and/or USDA’s Risk Management Agency (RMA), as well as other information impacting your milk check.


Read More

Economic update: April 2023 DMC payments top $134 million

Here’s an update of factors impacting your dairy income for the week of June 4-10, 2023.
June 7, 2023
Dave Natzke

Not all of the dairy economic news is cloudy: The U.S. dairy industry grew significantly over the past two years, adding jobs, increasing wages and boosting its total impact on the U.S. economy.


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April 2023 DMC margin falls to $5.84 per cwt

A declining U.S. average milk price more than offset lower average overall feed costs, keeping the milk income margin at its lowest level since August 2021.
May 31, 2023
Dave Natzke

The April 2023 margin continues to be what looks like a lengthy stretch of high indemnity payments into July-August.


Read More
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