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Wisconsin Ag News Headlines |
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Signup for 2021 DMC Coverage Slated to Begin on October 12
Wisconsin Ag Connection - 07/01/2020
The USDA's Farm Service Agency announces that Dairy Margin Coverage safety-net signup for 2021 coverage will begin October 12 and will run through December 11. Due to the impact of COVID-19, the program has already triggered payments for two
months for producers who signed up for 2020 coverage.
As of June 15, FSA has issued more than $100 million in much-needed program benefits to dairy producers who purchased DMC coverage for this year.
Authorized by the 2018 farm bill, DMC is a voluntary risk management program that offers protection to dairy producers when the difference between the all-milk price and the average feed price falls below a certain dollar amount selected by the producer.
Over 13,000 operations enrolled in the program for 2020.
For more information, visit farmers.gov DMC website or contact your local USDA service center.
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