dairy margin

USDA Extends Deadlines for Dairy Margin Coverage, Market Facilitation Programs

Dan Dairy, Industry News Release

New Signup Deadline Is December 20 (USDA/FSA) — Due to the prolonged and extensive impacts of weather events this year, the U.S. Department of Agriculture (USDA) today extended the deadline to December 20 for producers to enroll in the Dairy Margin Coverage (DMC) program for the 2020 calendar year. The deadline had been December 13.  USDA announced is also continuing to accept …

dairy

Dairy Margin Coverage Enrollment Ends Friday

Dan Dairy, Economy

Dairy producers are being reminded enrollment in the Dairy Margin Coverage (DMC) program for calendar year 2020 ends this Friday, Dec. 13. The DMC program offers reasonably priced protection to producers when the difference between the all-milk price and the average feed cost (the margin) falls below a certain dollar amount selected by the producer. Dairy farmers earned more than $300 …

dairy

November 2019 Dairy Market Report

Dan Dairy, Industry News Release

(NMPF) — The recent upsurge in dairy prices is forcefully showing up in data, with many of the most recently announced and reported key milk and dairy prices achieving their highest prices in nearly five years. The September U.S. average all-milk price was the highest since December 2014, as was the October AMS survey price of non-fat dry milk and …

dairy margin coverage

Dairy Margin Coverage Program Enrollment Deadline Nearing

Dan Dairy, Economy

Here is a reminder for dairy producers that enrollment in the Dairy Margin Coverage (DMC) for calendar year 2020 ends Dec. 13. The DMC program offers reasonably priced protection to dairy producers when the difference between the all-milk price and the average feed cost (the margin) falls below a certain dollar amount selected by the producer. Producers who want 2020 coverage, even …

thanksgiving

Thanksgiving Dinner Cost Rises Only a Penny

Dan Dairy, Field Crops, Fruits, Industry News Release, Pork, Poultry, Vegetables

(AFBF) — The American Farm Bureau Federation’s 34th annual survey of classic items found on the Thanksgiving Day dinner table indicates the average cost of this year’s feast for 10 is $48.91, or less than $5.00 per person. This is a 1-cent increase from last year’s average of $48.90. “The average cost of this year’s Thanksgiving dinner is essentially unchanged …

dairy producer

America’s Largest Milk Producer Files for Bankruptcy

Dan Dairy, Economy, Industry News Release

(NAFB) — Dean Foods, a 94-year-old milk producer, is filing for bankruptcy. The largest milk producer in the country is struggling as Americans are no longer drinking as much milk from cows. This year has been especially difficult as company sales dropped seven percent in the first half of this year, with profits falling 14 percent. A CNN Dot Com …

dairy

2020 Enrollment for DMC Program Continues

Dan Dairy, Economy

Dairy producers are being reminded the enrollment period for the Dairy Margin Coverage (DMC) for 2020 continues. The DMC program offers reasonably priced protection to dairy producers when the difference between the all-milk price and the average feed cost (the margin) falls below a certain dollar amount selected by the producer. The deadline to enroll in DMC for 2020 is Dec. 13, …

dairy margin

Farmers Face Choices in 2020 DMC Signup

Dan Dairy, Economy

With farmers receiving a $300 million financial boost via the 2019 Dairy Margin Coverage (DMC) program, signup is now underway for the 2020 program. But every year is different. National Milk Producers Federation (NMPF) Senior Vice President for Member Services and Strategic Initiatives, Chris Galen, said farmers should be paying attention to prices, production histories and financial priorities as they …

dmc program

Enrollment Underway for 2020 Dairy Margin Coverage Program

Dan Dairy

Dairy producers are being reminded they can enroll now in the Dairy Margin Coverage (DMC) program for calendar year 2020. The DMC program offers reasonably priced protection to producers when the difference between the all-milk price and the average feed cost (the margin) falls below a certain dollar amount selected by the producer. Dairy farmers earned more than $300 million dollars from …