Dairy producers encouraged to consider new USDA Dairy Margin Coverage Program
Agriculture Secretary Russell Redding is urging producers to look into using the USDA’s new Dairy Margin Coverage Program as part of their risk management and financial planning.
“When congress was considering the 2018 Farm Bill, our department advocated alongside Pennsylvania farmers for improvements to crop insurance, and congress listened,” said Secretary Redding. “This program is a direct result of that input. Please consider using this tool to help your dairy operation weather the uncertainty of today’s markets.”
Producers should visit their local USDA Farm Service Agency office to see how DMC can work for their farms, Redding said.
Under the 2018 Farm Bill, a dairy producer can use both DMC and crop insurance policies such as Livestock Gross Margin Dairy and Dairy Revenue Protection.