aid

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 …

dairy

Dairy Margin Coverage Signup Deadline Nearing

Dan Dairy, Economy

The U.S. Department of Agriculture’s (USDA) Farm Service Agency (FSA) reminds dairy producers the deadline to sign up for the Dairy Margin Coverage (DMC) program is Sept. 20. DMC provides coverage retroactive to Jan. 1, 2019, with applicable payments following soon after enrollment. USDA Under Secretary for Farm Production and Conservation Bill Northey says producers can choose between the $4.00 …

dairy production

USDA Now Making Payments for New Dairy Margin Coverage Program

Dan Dairy, Economy, Industry News Release

Income-over-feed margin for May triggers fifth payment for 2019 WASHINGTON, (USDA/FSA) – The U.S. Department of Agriculture’s Farm Service Agency (FSA) opened enrollment for the Dairy Margin Coverage (DMC) program on June 17 and has started issuing payments to producers who purchased coverage. Producers can enroll through Sept. 20, 2019.  “Times have been especially tough for dairy farmers, and while we …

nmpf

First 2019 Dairy Safety Net Payment Triggered

Dan Dairy, Economy, Industry News Release

Enrollment Expected to Begin this Summer The U.S. Department of Agriculture’s Farm Service Agency (FSA) announced this week that the January 2019 income over feed cost margin was $7.99 per hundredweight, triggering the first payment for eligible dairy producers who purchase the appropriate level of coverage under the new but yet-to-be established Dairy Margin Coverage (DMC) program. DMC, which replaces …