No MILC Payment for November

Posted by Brian Gould Wed, 31 Dec 2008 13:07:00 GMT

With the release of USDA’s December Agricultural Prices report, the final Nov. feed costs values necessary for the MILC feed cost adjuster is available.   Our estimates are given the Nov. Class I mover of $17.33/cwt, a Nov. corn price of $4.26/bu, a Nov. soybean price of $9.38/bu and an alfalfa baled hay price of $163/ton there will be no Nov. MILC payment.