Missouri Dairy Business Update
MILC Payment Estimates
Milk Income Loss Contracts from the USDA have been renewed. Eligible dairy producers will be getting a $0.59/cwt payment for September 2012 and a $0.02/cwt payment for October.
Future MILC payments will depend both on milk prices and on feed prices. Estimates of future MILC payments are updated on Fridays at this University of Wisconsin website http://future.aae.wisc.edu/milc.html
As of January 24, 2013, MILC estimated payments were:
Source: University of Wisconsin