No, Milky Spore Powder is only labeled for Japanese Beetle Larvae (grubs).
A good option for mole crickets is Talstar Xtra Granules. This can be broadcast across your lawn and watered in after application. This will last for 2-3 months in the soil. The rate is 2.3-4.6 lbs of product per 1000 square feet.
Answer last updated on: 08/09/2017