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July MILC: 5.8¢/cwt.

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With the Aug. 30 USDA Ag Prices report providing the final feed cost adjuster, USDA announced a July 2013 Milk Income Loss Contract (MILC) program payment of 5.843¢/cwt. on eligible milk.

It is likely the final payment for fiscal year 2013, which ends Sept. 30, 2013.

So far in calendar year 2013, MILC payments were:

January – 11.8¢

February – 52.2¢

March – 75.5¢

April – 69.9¢

May – 74.2¢

June – 21.9¢

July – 5.84¢

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