Dairy Margin Coverage

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 ...

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 ...