O'Brien County's Bell-Times-Courier -

USDA Opens 2020 Enrollment for Dairy Margin Coverage Program

Enrollment Ends Dec. 13, 2019

 

October 10, 2019



 WASHINGTON, Oct. 7, 2019 – Dairy producers can now enroll in the Dairy Margin Coverage (DMC) for calendar year 2020. USDA’s Farm Service Agency (FSA) opened signup Monday October 7, 2019 for the program that helps producers manage economic risk brought on by milk price and feed cost disparities.

The DMC 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. The deadline to enroll in DMC for 2020 is Dec. 13, 2019. All producers who want 2020 coverage, even those who took advantage of the 25 percent premium discount by locking in the coverage level for five years of margin protection coverage are required to visit the office during this signup period to pay the annual administrative fee.

 

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