By Jerry Hagstrom
DTN Political Correspondent
DTN Ag Policy Editor
WASHINGTON, D.C. (DTN) — The National Milk Producers Federation expects a high rate of participation in the new Dairy Margin Coverage program (DMC) as farmer signup begins Monday.
National Milk President and CEO Jim Mulhern is urging the farmers to sign up amidst industry challenges.
“We are very pleased with the dairy title” in the 2018 farm bill, Mulhern said.
“The DMC provides a stronger safety net for America’s dairy producers, one sorely needed as low prices, trade disturbances and chaotic weather patterns combine to create hardships. We have advocated for months that margin calculations must consider the higher feed costs dairy producers pay to properly nourish their livestock. USDA’s decision to include premium and supreme quality alfalfa feed is appropriate and is another win for dairy farmers that will provide additional, crucial aid.”
Agriculture Secretary Sonny Perdue formally announced in a news release Friday that farmers can begin signing up for the DMC at their county Farm Service Agency offices on Monday, June 17.