About
The 2018 Farm Bill authorized the new Dairy Margin Coverage (DMC) program, which is a voluntary risk management program for dairy producers. DMC replaces the Margin Protection Program for Dairy (MPP-Dairy).
DMC continues to offer protection to dairy producers when the difference between the all milk price and the average feed price (the margin) falls below a certain dollar amount selected by the producer.
Decision Tool: The current version of the DMC decision tool has been enhanced and was developed in partnership with in cooperation with representatives from the University of Minnesota and University of Wisconsin to help producers determine the level of coverage under a variety of conditions that will provide them with the strongest financial safety net.
The weekly Dairy Margin Coverage (DMC) Enrollment, Production and Payment report will be updated every Monday at 2:00 PM Eastern.
The program provides:
-
Catastrophic coverage, at no cost to the producer, other than an annual $100 administrative fee that is waived in some cases; and
-
Various levels of buy-up coverage.
Commodities
Eligibility
To be eligible for DMC, a dairy operation must:
-
Produce and commercially market milk from cows located in the United States; and
-
Provide proof of milk production at the time of registration.
Dairy operations may consist of one or more dairy producers who are in the business of commercially producing and marketing milk as a single unit.
Dairy producers who are members of the dairy operation must share in the risk of producing milk and make contributions to the dairy operation that are at least commensurate with their share of the proceeds of the operation.
Dairy operations must be in compliance with highly erodible land and wetland conservation provisions. For more information, visit fsa.usda.gov/compliance. Adjusted gross income provisions do not apply to DMC.
Producers may have more than one dairy operation, but they must be separate and distinct in order to have a separate contract.
Resources
Similar Programs
Pandemic Response and Safety Grant Program (PRS)
Agricultural Marketing Service · Due Nov 22
- Grant
- Nutrition & Food Safety
- Disaster Relief
- Distribution
- Marketing
- Farmers Market
- Connectivity
- Technical Assistance
- Public Health
- National
- Any
Conservation Stewardship Program (CSP)
Natural Resources Conservation Service
- Easement
- Conservation
- Soil Health
- Plant Health
- Wildlife and Pollinator Habitat
- Alternative Energy
- Animal Health
- Water Quality
- Air Quality
- Certified Organic
- Weather
- Greenhouse
- Stewardship
- Carbon Capture
- National
- Corn
- Cotton
- Dairy
- Livestock
- Pigs
- Poultry
- Rice
- Sorghum
- Soybeans
- Wheat
- Forestry
Dairy Donation Program (DDP)
Agricultural Marketing Service
- Grant
- Public Health
- Distribution
- Cooperatives
- National
- Dairy
Direct Farm Operating Loan
Farm Service Agency
- Loan
- General
- Equipment
- Animal Purchase
- Diversification
- Marketing
- Processing
- Feed
- Seed
- Fertilizer
- Cash Rent
- Housing
- Construction
- Facilities
- Repairs
- Pest Management
- Storage
- Legal & Finance
- Water Management
- Waterway Protection
- Water Quality
- Conservation
- Training
- Immigrants
- CSA
- Refinancing
- Reduced Tillage
- National
- Any
Details
Tags
Release Date
October 13, 2021
Deadline
December 11, 2021
Organization
Farm Service Agency (FSA)
Financial Instrument
Insurance
Image Credit
Updated October 8, 2021
This information was gathered from public sources. Ambrook is not responsible for or able to affect the results of any financial programs listed, nor are they responsible for any incorrect information that is listed or is on the hyperlinked external sites. All information is subject to change.