Dairy Margin Coverage Program Provides Critical Support for Dairy Operations

WASHINGTON – Sept. 29, 2023— The August milk margin triggered the eighth consecutive payment for dairy producers who obtained Dairy Margin Coverage (DMC) for the 2023 program year. August’s income over feed margin is $6.46 per hundredweight (cwt.) with projected DMC payments totaling $120 million. To date, including the projected August payments, dairy producers have received more than $1.2 billion in much needed economic support for 2023 and margin forecasts indicate the likelihood of more to come before the end of the calendar year.

AR _

Physical loss loans can help producers repair or replace damaged or destroyed physical property essential to the success of the agricultural operation, including livestock losses. Examples of property commonly affected include essential farm buildings, fixtures to real estate, equipment, livestock, perennial crops, fruit and nut bearing trees and harvested or stored crops and hay. 

State: Arkansas

USDA Extends Application Deadline for Discrimination Financial Assistance Program to January 13

WASHINGTON, Sept. 22, 2023 – The U.S. Department of Agriculture is extending the deadline for the Discrimination Financial Assistance Program to January 13, 2024, to give eligible farmers, ranchers and forest landowners more time to apply for assistance. The original deadline was October 31, 2023.