10.127: Dairy Margin Coverage
Alternate Name: DMC
Overview
Program Number
10.127
Status
Active
Last Modified
Aug. 9, 2022
Date Posted
Aug. 9, 2022
Objective
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.
Type of Assistance
C - Direct Payments for Specified Use
Applicant Eligibility
Not Applicable
Beneficiary Eligibility
The ultimate benefit of the DMC-Dairy program will help protect farm equity and reduce financial losses that occur during times of low margins.
Additional Information
Grant Awards
Dairy Margin Coverage direct grants
Grant Opportunities