Oct. 7, 2019 - USDA opened signup today for 2020 Dairy Margin Coverage - the program that helps producers manage economic risk brought on by milk price and feed cost disparities.
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Oct. 7, 2019 - USDA opened signup today for 2020 Dairy Margin Coverage - the program that helps producers manage economic risk brought on by milk price and feed cost disparities.
Dairy producers should definitely consider coverage for 2020 as even the slightest drop in the margin can trigger payments. Dairy producers should consider enrolling in DMC to guard against what has been, for several years, an extremely unforgiving market.
Dairy farmers earned more than $300 million dollars from the program in 2019 so far. Producers are encouraged to take advantage of this very important risk management tool for 2020.
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