MILC Update

Well, we have seen the first of the MILC payments being distributed for 2009. The first payment was for February milk and payed $1.51 per hundred weight of milk produced.The preliminary for March milk is above $2.00. Final calcualtions will be made as soon as the final figures come in for soybean, corn, and alfalfa hay prices. I will try to keep you updated as soon as I receive these final prices from NASS.