Dairy Margin Coverage Program

Dairy farmers have a few days left to enroll in the 2023 Dairy Margin Coverage program from USDA.  The enrollment deadline for the 2023 program is December 9th.  Chris Galen of the National Milk Producers Federation said the program is a valuable risk management tool for dairy farmers.   ...

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 ...

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 ...

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 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.” ...

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...

The FSA announced this week the March 2019 income over feed cost margin was $8.85 per hundredweight.  The level triggers the third payment for dairy producers who purchase the appropriate level of coverage under the new Dairy Margin Coverage program.  ...

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...

A new web-based tool helps dairy producers evaluate various scenarios using different coverage levels through the new Dairy Margin Coverage program.   Announced by Ag Secretary Sonny Perdue Tuesday, the tool was developed by the USDA and the University of Wisconsin.  Th...

In an update on the 2018 Farm Bill, the Department of Agriculture has provided target dates for dairy programs.  In the announcement, Ag Secretary Sonny Perdue stated, "we still have a lot of work ahead of us," but added USDA is diligently working on completing the process.  ...