Dairy producers can now enroll for 2024 Dairy Margin Coverage (DMC), an important safety net program offered through the U.S. Department of Agriculture (USDA). DMC provides producers with price support to help offset milk and feed price differences. This year’s DMC signup runs from Feb. 28 through April 29. For those who sign up for 2024 DMC coverage, payments may begin as soon as March 4, 2024, for any payments that triggered in January 2024.
USDA’s Farm Service Agency has revised the regulations for DMC to allow eligible dairy operations to make a one-time adjustment to established production history. This adjustment will be accomplished by combining previously established supplemental production history with DMC production history for those dairy operations that participated in Supplemental Dairy Margin Coverage during a prior coverage year. DMC has also been authorized through calendar year 2024. To determine the appropriate level of DMC coverage for a specific dairy operation, producers can use the online dairy decision tool.
For more information, visit the DMC webpage.