Economist says Dairy Margin Coverage formula might need changes

An economist says the formula for the Dairy Margin Coverage program, or DMC might need changes. Danny Munch with American Farm Bureau Federation tells Brownfield the currently low costs for soybean meal, corn, and premium alfalfa used in the DMC formula do not reflect the real margin for most producers. “So, when crop prices are […]

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Cash dairy sales mostly lower Wednesday

Cash dairy prices were lower on Wednesday except for block cheese at the Chicago Mercantile Exchange.     Dry whey was down $0.0075 at $0.6825.  One sale was recorded at that price.  Forty-pound