USDA has previously announced they will start
enrollment for the DMC program June 17 and publishing of the final rule
for the program is key for that effort. USDA has already been announcing
the income over feed cost margin levels that are used to trigger
payments under the DMC.
The program is retroactive to January 1 and USDA
has been under pressure to get the program operational as the US dairy
industry has economically struggled.
Already, USDA has announced that those producers
who elect a DMC coverage level of $9 and $9.50 per cwt. will be
eligible for a payment for January, February and March.