The U.S. Department of Agriculture’s Farm Service Agency (FSA) is reminding dairy producers that the deadline to enroll in the Dairy Margin Coverage (DMC) program for 2019 is Sept. 20th. Authorized by the 2018 Farm Bill, the program offers reasonably priced 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. As the 2019 enrollment period draws to a close, FSA estimates over $257.7 million in payments to producers who are currently registered. Also, nearly half of the producers are taking advantage of the 25 percent premium discount by locking in for five years of margin protection coverage. For more information, visit farmers.gov or contact your local USDA service center.
2019 Enrollment Deadline for the Dairy Margin Coverage Program Fast Approaching
Sep 13, 2019 | 2:00 PM
Farm News, Local News