Posted 1/18/2012 15:53 (#2169791 - in reply to #2169778) Subject: Re: MILC payments in February?
MILC payment is based on the Boston Class I price. If it falls below $16.94 we get 34% of difference between the actual BCI price and $16.94. The $16.94 trigger can be increased due to feed costs....so it may go to $17 or higher..... the program is capped.....don't remember off the top of my head, but believe it is 2 million lbs of milk.
MILC payments in February?
