Dairy | Dairy Margin Coverage enrollment deadline approaching

The U.S. Department of Agriculture Farm Service Agency opened Dairy Margin Coverage signup in October to help producers manage economic risk brought on by milk price and feed cost disparities.

The U.S. Department of Agriculture reminds dairy producers that the deadline to enroll in Dairy Margin Coverage for calendar year 2021 is Friday, Dec. 11, 2020.

USDA’s Farm Service Agency opened Dairy Margin Coverage signup in October to help producers manage economic risk brought on by milk price and feed cost disparities.

Farm Service Agency Administrator Richard Fordyce said that “2020 has been a challenging year for agricultural producers, and we don’t know yet what the next year will bring.”

“Dairy producers should definitely consider coverage for 2021 as even the slightest drop in the margin can trigger payments,” Fordyce said.

The Dairy Margin Coverage program, created by the 2018 Farm Bill, offers protection to dairy producers when the difference between the all-milk price and the average feed cost falls below a certain dollar amount selected by the producer.

Residents can learn more about the Dairy Margin Coverage program at https://www.fsa.usda.gov/programs-and-services/dairy-margin-coverage-program/index.

Look also

French farmers block access to Bordeaux port

Farmers up pressure on French government.

You may be interested in

Milk production slightly higher than year ago for third consecutive month

French farmers block access to Bordeaux port

Dairy freeze: What do cow farmers do in the winter?

Topics |
Dairy, Margin Coverage

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.