Dairy Margin Coverage

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 ...

The signup deadline for the Dairy Margin Coverage Program is this Friday, and according to the latest figures from the American Farm Bureau the number of dairy operations signed up is lower than expected. So far, 7,846 operations have enrolled in the program, covering about 64 billion pounds of milk ...

The National Milk Producers Federation is urging all dairy farmers to sign up for the Dairy Margin Coverage Program. Enrollment in the program opened Tuesday. NMPF cites the ongoing COVID-19 crisis, and the expectation of volatile dairy margins in the next year, in the need for DMC protection ...

The National Milk Producers Federation reminds dairy farmers to sign up for the Coronavirus Food Assistance Program. CFAP is the main method USDA is using to help farmers weather the COVID-19 pandemic. NMPF spokesperson Chris Galen said dairy farmers have received nearly $2 billion, but there is more funding available ...

On Wednesday, FSA announced the May 2020 income over feed cost margin triggered the third payment in 2020 of the Dairy Margin Coverage program. In May, the income over feed cost margin was $5.37 cwt. To date, FSA has issued more than $176 million in benefits to dairy producers who purchased DMC coverage for 2020 ...

The FSA says safety-net signup for 2021 Dairy Margin Coverage begins on October 12th and runs through December 11th of this year. DMC has already triggered payments for two months for those producers who signed up for 2020 coverage. “If we’ve learned anything in the past six months, it’s to expect the unexpected,” says FSA Administrator Richard Fordyce. “Nobody would have ima ...

More dairy cows and more like per cow than a year ago. That adds up to U.S. production up 1.4% from April a year ago. "We expect production to continue to increase in to 2021," said USDA Outlook Chairman Mark Jekanowski. He added the dairy herd in April was slightly smaller than March, still 0 ...

The FSA announced this week that March triggered the first payment to dairy farmers enrolled in the Dairy Margin Coverage program. The March income over feed cost margin was $9.15 cwt. Current projections indicate that a DMC payment is likely to trigger every month for the remainder of 2020, a different expectation from last July when some market models had forecast no program payments for 18 m

On Wednesday, the USDA extended sign-up deadlines for the Dairy Margin Coverage program to December 20th USDA officials cited the prolonged and extensive impacts of weather events this year for moving the deadline beyond its original date of Friday, December 13th...

More than 22,000 dairy farmers enrolled in the new Dairy Margin Coverage program, paying out more than $300 million this year.  The National Milk Producers Federation said none of the assistance would have occurred under the old Margin Protection Program.  ...