Sept. 16, 2019 - The Dairy Margin Coverage Program offers dairy producers protection for when the difference between the all-milk price and the average feed cost falls below a dollar amount they select.
An operation with an established production history of 3 million pounds that elected the $9.50 coverage level on 95 percent of production, for example, already has received $15,437.50 in margin payments - January through July - while only paying $4,275 in premiums for all of 2019! (Margin payments also could be triggered for some or all of the subsequent months of this year.)
So far, 20,565 operations have signed up. The signup period ends this Friday, Sept. 20. Visit the FSA county office to sign up for DMC today. Learn More
Farm Service Agency:
1400 Independence Ave.
SW Washington, DC 20250
Contact:
FPAC Press Desk
FPAC.BC.Press@usda.gov