Dairy Margin Coverage

For milk and most dairy products, “prices have started to decline, quicker than we had expected,” noted USDA outlook board chairman Mark Jekanowski.  He added it's a combination of continued increases in milk and dairy production plus weak demand and pretty strong international competition.   So far all of 2023 com...

FSA announced last week that dairy producers now have through the end of January to consider enrolling in either USDA's Dairy Margin Coverage or the Supplemental-DMC for program year 2023.   “We're going to extend the deadline for submission of applications for DMC and Supplemental-DMC to give our producers time to get through year end activities and to ensure that they're able to take advantage o

Sign-up for the 2023 USDA Dairy Margin Coverage is now open through December 9th.  FSA Deputy Administrator Scott Barlow said several improvements to coverage have been made over the past year.   “ the feed cost formula will pay for high quality alfalfa hay."   He noted, ...

Dairy producers can now enroll for 2023 coverage through the Dairy Margin Coverage Program.  The program helps dairy farmers manage changes in milk and feed prices.  Enrollment for the program began Monday and runs through December 7th.   Last ...

On Tuesday, the USDA extended the deadline to enroll in Dairy Margin Coverage and Supplemental Dairy Margin Coverage for 2022. The deadline to apply for coverage is now March 25th. USDA’s Farm Service Agency opened signup in December 2021 to help producers manage economic risk brought on by milk price and feed cost disparities. ...

Signup begins Monday for USDA's Dairy Margin Coverage Safety Net Program. Farm Service Agency Administrator Zach Ducheneaux notes, there will be a supplemental DMC enrollment, as well for 2022. "Supplemental DMC is going to provide up to $580 million to assist small and mid-sized dairy operations that have increased production over the years, but haven't been able to enroll that additional p

The USDA announced Wednesday the sign-up period for the Dairy Margin Coverage. USDA also expanded the program to allow dairy producers to better protect their operations through supplemental production. This sign-up period, which runs from Monday December 13th to Friday February 18th, enables producers to get coverage through the safety-net program for another year as well ...

Dairy prices are on the way up. "It's been very interesting in dairy as we continue to raise our expectations for product prices and therefore for milk prices by class and the all milk price," noted USDA Chief Economist Seth Meyer. Despite the increase he acknowledged dairy farmers still face challenges ...

The National Milk Producers Federation is urging the USDA to extend signup for the 2021 Dairy Margin Coverage to January 30th, 2021. The extension, NMPF said, allows dairy farmers to make better-informed choices while giving both milk producers and USDA staff strained by coronavirus-related challenges additional time to communicate ...

Northwest producers interested in participating in the 2021 Dairy Margin Coverage program have just a few more days to sign up. "It's good management tool," said USDA Undersecretary Bill Northey. "We encourage producers to look seriously at it ...