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Below you'll find a list of all posts that have been categorized as “Dairy Margin Coverage (DMC)”
Dairy producers are being reminded the deadline to enroll for 2024 Dairy Margin Coverage (DMC) is April 29, 2024. This important safety net program provides producers with price support to help offset milk and feed price differences. 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 …
Dairy producers that utilize USDA FSA’s Dairy Margin Coverage should complete program enrollment soon. The enrollment period ends on April 29, 2024. For more information on the program click here.
USDA announced that the August milk margin did trigger the eighth consecutive payment for dairy producers who obtained Dairy Margin Coverage (DMC) for 2023. That month, the income over feed margin was $6.46 per hundredweight with projected DMC payments totaling $120 million. So to date, dairy producers have received more than $1.2 billion in much needed economic support for 2023 and margin …
