Dairy Margin Coverage (DMC) Weekly Report on Enrollment, Production and Payments Now Available

The following press release was published by the U.S. Department of Agriculture Farm Service Agency on July 23, 2019. It is reproduced in full below.

Authorized by the 2018 Farm Bill, DMC replaces the Margin Protection Program for Dairy (MPP-Dairy). The program offers protection to dairy producers when the difference between the all-milk price and the average feed cost (the margin) falls below a certain dollar amount selected by the producer.

DMC provides coverage retroactive to Jan. 1, 2019. To date, 2019 income over feed cost margins have triggered DMC payment for January, February, March, April and May. Enrollment for DMC ends on Sept. 20, 2019. For more information, visit farmers.gov DMC webpage.

Source: U.S. Department of Agriculture Farm Service Agency