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March 2019Pennsylvania FSA Newsletter USDA Announces January Income over Feed Cost Margin Triggers First 2019 Dairy Safety Net Payment Update Your Records USDA Makes it Easier to Transfer Land to

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How to fill out dairy margin coverage program

01

Determine your production history for each of the last five years.

02

Choose a coverage level between $4 and $9.50 per hundredweight.

03

Decide on your coverage percentage between 5% and 95%.

04

Calculate your premium based on your chosen coverage level and percentage.

05

Submit your application and premium payment to the USDA Farm Service Agency by the deadline.

Who needs dairy margin coverage program?

01

Dairy farmers who want to protect themselves against fluctuating milk prices and feed costs.

02

Farmers who are looking for a risk management tool to help stabilize their income.

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What is dairy margin coverage program?

The Dairy Margin Coverage (DMC) program is a risk management program for dairy producers that provides financial assistance when the margin between the price of milk and the cost of feed falls below a certain level.

Who is required to file dairy margin coverage program?

All dairy producers in the United States are eligible to participate in the Dairy Margin Coverage (DMC) program, but it is not mandatory to file.

How to fill out dairy margin coverage program?

To fill out the Dairy Margin Coverage (DMC) program, dairy producers must provide information on their milk production history, expected milk production for the coverage year, and choose a coverage level and coverage percentage.

What is the purpose of dairy margin coverage program?

The purpose of the Dairy Margin Coverage (DMC) program is to help dairy producers manage the financial risk of fluctuating milk prices and feed costs.

What information must be reported on dairy margin coverage program?

Dairy producers must report their milk production history, expected milk production for the coverage year, and choose a coverage level and coverage percentage on the Dairy Margin Coverage (DMC) program.

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