Dairy Margin Coverage Program Provides Critical Support for Dairy Operations
WASHINGTON – Sept. 29, 2023— The August milk margin triggered the eighth consecutive payment for dairy producers who obtained Dairy Margin Coverage (DMC) for the 2023 program year. August’s income over feed margin is $6.46 per hundredweight (cwt.) with projected DMC payments totaling $120 million.
Was Your Operation Impacted by the Coronavirus Pandemic? Apply for the Coronavirus Food Assistance Program Today
By Steven Brown, State Executive Director in Indiana, USDA Farm Service Agency
USDA Issuing Approximately $270 Million in Pandemic Assistance to Poultry, Livestock Contract Producers
Continues to Build on Broader Pandemic Assistance for Producers Initiative
May Margin Triggers Dairy Margin Coverage Program
Contact: FPAC.BC.Press@usda.gov
Income-over-feed margin for May triggers third payment for 2020
USDA Issuing Approximately $270 Million in Pandemic Assistance to Poultry, Livestock Contract Producers
Continues to Build on Broader Pandemic Assistance for Producers Initiative
USDA Designates Three Counties in Washington and 10 Counties in Oregon as Primary Natural Disaster Areas Due to Qualifying Drought
This Secretarial natural disaster designation allows the United States Department of Agriculture (USDA) Farm Service Agency (FSA) to extend much-needed emergency credit to producers recovering from natural disasters through emergency loans.
Availability of Low-Interest Physical Loss Loans for Pope County Producers Affected by Natural Disasters
Physical loss loans can help producers repair or replace damaged or destroyed physical property essential to the success of the agricultural operation, including livestock losses. Examples of property commonly affected include essential farm buildings, fixtures to real estate, equipment, livestock, perennial crops, fruit and nut bearing trees and harvested or stored crops and hay.
State: Minnesota
Triggering Disaster Event: Excessive rain and high winds that occurred on Aug. 28, 2021