Dairy Industry Conference Call to Address New DMC Changes and Expansions

Join us on Tuesday, December 21 from 12:30-1:30 p.m. EST for a Dairy Industry Conference Call. The call will address recent Dairy Margin Coverage (DMC) changes and expansions as well as updates on the USDA’s Pandemic Market Volatility Assistance Program (PMVAP).

Background on DMC: The USDA has opened the sign-up period for the 2022 Dairy Margin Coverage (DMC) program enrollment on December 13. With the open enrollment, USDA has expanded the program to allow dairy producers to better protect their operations by enrolling supplemental production. Supplemental DMC will provide $580 million to help small- and mid-sized dairy operations that have increased production over the years but were not able to enroll the additional production. USDA’s Farm Service Agency (FSA) also updated how feed costs are calculated in order to make the program more reflective of actual dairy producer expenses. During the call, panelists will answer questions about these important DMC changes and how to navigate them during the sign-up period.

Background on PMVAP: The USDA Pandemic Market Volatility Assistance Program is set to pay dairy farmers for 80 percent of the difference per month based on an annual production cap of 5 million pounds of milk marketed and on fluid milk sales for the second half of 2020. Panelists will provide updates on the timeline for this program and answer real-time questions about expected relief payments for dairy producers.

Keep reading to learn how to join the call and meet our panelists!

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View Dec. 21 Call Details