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Dairy Margin Coverage

Program Funding
Total Spent
$22.4M
 
Total Obligated
$23.9M
Number of Awards
29,835
Assistance Listing
10.127
Published Date
Objectives
DMC offers a protection plan which provides payments to dairy operations when the difference between the all-milk price and the average feed cost fall below a certain, producer selected, dollar amount. Producers will be eligible for a basic level of margin protection for a small administrative fee and be able to purchase higher coverage with a fee. The Secretary of Agriculture (Secretary) will use administrative fees collected to cover administrative costs incurred to carry out the DMC program.
Total Rows 521