USDA Dairy Margin Coverage

Sign up for this year's edition of USDA Dairy Margin Coverage, Farm safety, Net Risk Management. But as Farm Service Agency Administrator Bill Beam explains, this is an enhanced version. Speaker2: The One Big Beautiful bill reauthorized DMC for the calendar year of 2026 through 2031, and with that, we provided some meaningful and significant program improvements. Speaker1: Enhancements include an increase in DMC tier one coverage levels, new production history for producers who elect to enroll in DMC in 2026, and an option to lock in coverage levels for the next six years, with premium fees discounted. Speaker2: The deadline for enrollment for the 26 marketing year is February the 26th. Speaker1: More details on dairy margin coverage are available through local FSA offices. Speaker2: Those improvements include increasing tier one coverage from £5 million to now, £6 million, and allowing dairy farm operations to establish a new marketing production history. And the way that's going to work is existing dairies that started milking cows on or before January 1st of 2023 will use the higher milk marketing for years 2021, 2022 or 2023. So you get to pick the higher of those production years.