The USDA announced that it expects to open the Dairy Margin Coverage (DMC) enrollment for the 2025 Program Year NEXT WEEK. The enrollment period will run from January 29 to March 31, 2025. As of January 17, 2025, the DMC Decision Tool forecasts December 2024’s margin to be $13.73 per cwt. At the maximum $9.50 margin coverage, DMC provided a gross benefit of $0.09 per cwt.
Keep reading for more details about the DMC program, and see how other dairy producers have used the risk management program.
What Is Dairy Margin Coverage?
Dairy Margin Coverage is a margin-based insurance program authorized by the 2018 Farm Bill and administered by the USDA’s Farm Service Agency (FSA). DMC enrollment for the 2025 program year will be open from January 29 to March 31, 2025. For farms that have never enrolled in DMC before, it is important to understand that the DMC program is intended to serve as a safety net against volatility in either your milk price or in the price you are paying for your feed. Farms can protect anywhere from a $4 to a $9.50 margin in 50-cent increments.
By Sarah S News Team
January 28, 2025
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