Enrollment, Production, and Payments Updates
For both DMC (for calendar year 2023) and Supplemental DMC, the enrollment period opened Oct. 17. and closed Dec. 9, 2022.
Review 2023 and previous program year reports.
Prices
Read the details on how the prices below are used in the DMC calculation.
A change to use premium and supreme alfalfa hay will be used in the feed cost calculation for DMC
| Month | Corn ($/bu) | Premium Alfalfa Hay ($/ton) | Soybean Meal ($/ton) | All Milk ($/cwt) | Final Feed Costs for DMC($/cwt) | Milk Margin Above Feed Costs for DMC($/cwt) |
|---|---|---|---|---|---|---|
| January | 4.74 | 274.00 | 378.40 | 20.10 | 11.62 | 8.48 |
| February | 4.36 | 278.00 | 363.63 | 20.60 | 11.16 | 9.44 |
| March | 4.36 | 271.00 | 362.17 | 20.70 | 11.05 | 9.65 |
| April | 4.39 | 260.00 | 357.68 | 20.50 | 10.90 | 9.60 |
| May | 4.51 | 276.00 | 388.65 | 22.00 | 11.48 | 10.52 |
| June | 4.48 | 256.00 | 384.10 | 22.80 | 11.14 | 11.66 |
| July | 4.24 | 237.00 | 364.30 | 22.80 | 10.47 | 12.33 |
| August | 3.84 | 236.00 | 343.40 | 23.60 | 9.88 | 13.72 |
| September | 3.98 | 227.00 | 346.34 | 25.50 | 9.93 | 15.57 |
| October | 3.99 | 236.00 | 342.85 | 25.20 | 10.03 | 15.17 |
| November | 4.07 | 235.00 | 316.18 | 24.20 | 9.91 | 14.29 |
| December |
| Month | Corn ($/bu) | Premium Alfalfa Hay ($/ton) | Soybean Meal ($/ton) | All Milk ($/cwt) | Final Feed Costs for DMC($/cwt) | Milk Margin Above Feed Costs for DMC($/cwt) |
|---|---|---|---|---|---|---|
| January | 6.64 | 328.00 | 482.40 | 23.10 | 15.16 | 7.94 |
| February | 6.80 | 324.00 | 500.53 | 21.60 | 15.41 | 6.19 |
| March | 6.67 | 314.00 | 484.40 | 21.10 | 15.02 | 6.08 |
| April | 6.70 | 315.00 | 457.25 | 20.70 | 14.86 | 5.84 |
| May | 6.54 | 317.00 | 423.58 | 19.30 | 14.47 | 4.83 |
| June | 6.49 | 310.00 | 413.46 | 17.90 | 14.25 | 3.65 |
| July | 6.22 | 288.00 | 443.15 | 17.40 | 13.88 | 3.52 |
| August | 5.73 | 282.00 | 438.80 | 19.70 | 13.24 | 6.46 |
| September | 5.21 | 288.00 | 411.07 | 21.00 | 12.56 | 8.44 |
| October | 4.93 | 278.00 | 416.16 | 21.60 | 12.16 | 9.44 |
| November | 4.66 | 271.00 | 464.27 | 21.70 | 12.12 | 9.58 |
| December | 4.80 | 275.00 | 440.60 | 20.60 | 12.16 | 8.44 |
| Month | Corn ($/bu) | Premium Alfalfa Hay ($/ton) | Soybean Meal ($/ton) | All Milk ($/cwt) | Final Feed Costs for DMC($/cwt) | Milk Margin Above Feed Costs for DMC($/cwt) |
|---|---|---|---|---|---|---|
| January | 5.57 | 262.00 | 421.21 | 24.20 | 12.66 | 11.54 |
| February | 6.10 | 266.00 | 480.96 | 24.70 | 13.72 | 10.98 |
| March | 6.56 | 269.00 | 493.98 | 25.90 | 14.35 | 11.55 |
| April | 7.08 | 271.00 | 476.70 | 27.10 | 14.81 | 12.29 |
| May | 7.26 | 274.00 | 441.28 | 27.30 | 14.79 | 12.51 |
| June | 7.37 | 277.00 | 445.93 | 26.90 | 14.98 | 11.92 |
| July | 7.25 | 333.00 | 467.87 | 25.70 | 15.78 | 9.92 |
| August | 7.24 | 343.00 | 510.90 | 24.30 | 16.22 | 8.08 |
| September | 7.09 | 342.00 | 473.94 | 24.40 | 15.78 | 8.62 |
| October | 6.50 | 348.00 | 468.68 | 25.90 | 15.19 | 10.71 |
| November | 6.49 | 331.00 | 436.75 | 25.60 | 14.71 | 10.89 |
| December | 6.58 | 327.00 | 462.85 | 24.70 | 14.94 | 9.76 |
| Month | Corn ($/bu) | Premium Alfalfa Hay ($/ton) | Soybean Meal ($/ton) | All Milk ($/cwt) | Final Feed Costs for DMC($/cwt) | Milk Margin Above Feed Costs for DMC($/cwt) |
|---|---|---|---|---|---|---|
| January | 4.24 | 206.00 | 439.24 | 17.50 | 10.60 | 6.90 |
| February | 4.75 | 211.00 | 427.28 | 17.10 | 11.13 | 5.97 |
| March | 4.89 | 210.00 | 410.02 | 17.40 | 11.14 | 6.26 |
| April | 5.31 | 211.00 | 413.36 | 18.40 | 11.63 | 6.77 |
| May | 5.91 | 226.00 | 421.03 | 19.20 | 12.53 | 6.67 |
| June | 6.00 | 230.00 | 378.18 | 18.40 | 12.37 | 6.03 |
| July | 6.12 | 232.00 | 365.23 | 17.90 | 12.43 | 5.47 |
| August | 6.32 | 238.00 | 358.21 | 17.70 | 12.67 | 5.03 |
| September | 5.45 | 244.00 | 343.55 | 18.40 | 11.71 | 6.69 |
| October | 5.02 | 247.00 | 325.43 | 19.70 | 11.16 | 8.54 |
| November | 5.27 | 246.00 | 358.73 | 20.80 | 11.66 | 9.14 |
| December | 5.47 | 253.00 | 399.53 | 21.80 | 12.27 | 9.53 |
| Month | Corn ($/bu) | Premium Alfalfa Hay ($/ton) | Soybean Meal ($/ton) | All Milk ($/cwt) | Final Feed Costs for DMC($/cwt) | Milk Margin Above Feed Costs for DMC($/cwt) |
|---|---|---|---|---|---|---|
| January | 3.79 | 210.00 | 300.11 | 19.60 | 9.15 | 10.45 |
| February | 3.78 | 210.00 | 295.28 | 18.90 | 9.10 | 9.80 |
| March | 3.68 | 205.00 | 312.38 | 18.00 | 9.05 | 8.95 |
| April | 3.29 | 209.00 | 295.39 | 14.40 | 8.56 | 5.84 |
| May | 3.20 | 211.00 | 288.56 | 13.60 | 8.44 | 5.16 |
| June | 3.16 | 201.00 | 288.66 | 18.10 | 8.27 | 9.83 |
| July | 3.21 | 192.00 | 291.25 | 20.50 | 8.21 | 12.29 |
| August | 3.12 | 192.00 | 290.18 | 18.80 | 8.11 | 10.69 |
| September | 3.41 | 192.00 | 319.99 | 17.90 | 8.64 | 9.26 |
| October | 3.61 | 194.00 | 367.11 | 20.20 | 9.23 | 10.97 |
| November | 3.79 | 200.00 | 387.83 | 21.30 | 9.66 | 11.64 |
| December | 3.97 | 203.00 | 396.68 | 18.50 | 9.96 | 8.54 |
| Month | Corn ($/bu) | Blended Alfalfa Hay ($/ton) | Soybean Meal ($/ton) | All Milk ($/cwt) | Final Feed Costs for DMC($/cwt) | Milk Margin Above Feed Costs for DMC($/cwt) |
|---|---|---|---|---|---|---|
| January | 3.56 | 201.00 | 314.92 | 16.60 | 8.89 | 7.71 |
| February | 3.60 | 202.50 | 306.83 | 16.80 | 8.89 | 7.91 |
| March | 3.61 | 198.50 | 306.38 | 17.50 | 8.84 | 8.66 |
| April | 3.52 | 209.00 | 304.26 | 17.70 | 8.88 | 8.82 |
| May | 3.63 | 213.00 | 297.52 | 18.00 | 9.00 | 9.00 |
| June | 3.98 | 205.00 | 324.75 | 18.10 | 9.47 | 8.63 |
| July | 4.16 | 196.00 | 310.77 | 18.70 | 9.43 | 9.27 |
| August | 3.93 | 193.50 | 296.42 | 18.90 | 9.05 | 9.85 |
| September | 3.80 | 192.50 | 295.57 | 19.30 | 8.89 | 10.41 |
| October | 3.84 | 192.00 | 309.48 | 19.90 | 9.02 | 10.88 |
| November | 3.68 | 191.00 | 303.13 | 21.00 | 8.79 | 12.21 |
| December | 3.71 | 187.50 | 299.59 | 20.70 | 8.75 | 11.95 |