Dairy Margin Coverage Program Enrollment Deadline Nearing

Dan Dairy, Economy

dairy margin coverage

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 those who took advantage of the 25 percent premium discount by locking in the coverage level for five years of margin protection coverage, are required to visit their local U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) during the signup period to pay the annual administrative fee.

For additional questions and assistance, contact your local USDA service center.