Dairy | USDA SAYS EXPECT MARCH DAIRY MARGIN COVERAGE PAYMENTS

Farmers waiting to participate in the new Dairy Margin Coverage program will sign up knowing they are getting program payments for the first three months of the year.

USDA announced the March income over feed cost margin was $8.85 per hundredweight, so producers that are considering the $9.00 and $9.50 coverage levels will be eligible for program payments.
USDA says a dairy with a production history of three million pounds under the $9.50 coverage level on 95% of production would receive more than 15-hundred dollars for March. That same farm would receive more than 81-hundred dollars for the first three months of 2019, which is almost twice the cost of the yearly premiums.
USDA will be ready to accept DMC contracts starting June 17th. An online decision tool is now available for producers.

Look also

Canada agriculture minister says beef, dairy in focus with Trump

Bilateral beef trade and Canada’s dairy supply management system are top trade issues Canadian Agriculture Minister Lawrence MacAulay is prepared to confront with the incoming Trump administration, he said on Monday.

You may be interested in

Raw milk from a California dairy is recalled after routine testing detected the bird flu virus

Canada agriculture minister says beef, dairy in focus with Trump

US farm groups want Trump to spare undocumented from deportation

Topics |
Dairy, Dairy farmers, USDA

Legal notice about Intellectual Property in digital contents. All information contained in these pages that is NOT owned by eDairy News and is NOT considered “public domain” by legal regulations, are registered trademarks of their respective owners and recognized by our company as such. The publication on the eDairy News website is made for the purpose of gathering information, respecting the rules contained in the Berne Convention for the Protection of Literary and Artistic Works; in Law 11.723 and other applicable rules. Any claim arising from the information contained in the eDairy News website shall be subject to the jurisdiction of the Ordinary Courts of the First Judicial District of the Province of Córdoba, Argentina, with seat in the City of Córdoba, excluding any other jurisdiction, including the Federal.