The deadline to sign up for the Dairy Margin Coverage (DMC) program is fast approaching. Dairy producers have until Friday, September 20 to sign up for the program at their local Farm Service Agency (FSA) office. The deadline is also the last opportunity to request a refund of Margin Protection Program for Dairy premiums.
Enrollment for the DMC program began back in June and has already generated a significant amount of interest from the industry. FSA has been issuing payments to producers who have already purchased coverage since July. Producers have the option of enrolling for one year or for the full five-year length of the program at a reduced premium rate. The program provides coverage retroactive to January 1 of this year, with applicable payments following soon after enrollment. Dairy producers can choose coverage levels when they sign up that ranges between $4 and $9.50.
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