Dairy Margin Coverage Program

DMC Enrollment Begins Tuesday
DMC Enrollment Begins Tuesday
DMC Enrollment Begins Tuesday
Enrollment for the Dairy Margin Coverage Program opens Tuesday and runs through December 11th. The DMC, is a voluntary risk management program that offers dairy producers protection when the difference between the all-milk price and the average feed price, the margin, falls below a certain dollar amount selected by the producer ...
Less than Half of U.S. Dairy Farms Signed up for DMC
Less than Half of U.S. Dairy Farms Signed up for DMC
Less than Half of U.S. Dairy Farms Signed up for DMC
Fewer dairy farmers chose to opt into the Dairy Margin Coverage Program authorized in the 2018 Farm Bill. At the beginning of this year, the forecast was for an improving dairy economy and the USDA prediction tool that showed either low or no DMC payments this year ...
17,000 Dairy Farmers Enroll in New Safety Net
17,000 Dairy Farmers Enroll in New Safety Net
17,000 Dairy Farmers Enroll in New Safety Net
Nearly 17,000 dairy producers have signed up for the new Dairy Margin Coverage Program.  The USDA reported the data Monday with a reminder the sign-up period closes September 20th.  The program offers protection to dairy producers when the difference between the all-milk price and the average feed cost, known as the margin, falls below a certain dollar amount selected by the producer.  USDA un...
USDA Reminding Dairy Producers of Changes to DMC
USDA Reminding Dairy Producers of Changes to DMC
USDA Reminding Dairy Producers of Changes to DMC
USDA Undersecretary Bill Northey said there are several changes under the new Dairy Margin Coverage Program that producers need to be mindful of, “this deceased the premium this added to that mount of margin that was available. the previous program had an eight dollar margin availability this program as a nine dollar fifty cent availability.” ...
5,000+ Producers are Signed Up for DMC
5,000+ Producers are Signed Up for DMC
5,000+ Producers are Signed Up for DMC
USDA Undersecretary for Farm Production and Conservation Bill Northey said more than 5,000 dairy operations have signed up for the new Dairy Margin Coverage Program. The exact number was 5,364 as of last Thursday afternoon. Northey said about 40,000 dairy operations are eligible to enroll, but overall he’s pleased with the number of producers who’ve signed up since June 17.   Th...
FSA: New Tool Will Help Dairy Producers Navigate Coverage Options
FSA: New Tool Will Help Dairy Producers Navigate Coverage Options
FSA: New Tool Will Help Dairy Producers Navigate Coverage Options
Difficult decisions are nothing new to dairy operators.  However, producers will now need to make decisions that revolve around the new dairy margin coverage program, which gives operators a choice of coverage dollar levels of what percent of the dairy's milk production history they want covered.  Th...