Weekly Digest: United States' DMC: New numbers, new tool and enrollment update
Dairy
United States
Published Oct 29, 2020
Tridge summary
The USDA’s Ag Prices report is released Friday, Oct. 30. It will include factors used to calculate the September Dairy Margin Coverage (DMC) payment. Check back on the Progressive Dairy website for updated calculations.
Original content
Digest Highlights DMC: New numbers, new tool and enrollment update USDA adds $500 million to food box funding through end of 2020 Dairy cow slaughter picked up a bit in September 2020 fluid sales volumes updated Vitaliano: The wild ride continues for cheese Video recap: 2020 NDB/NMPF/UDIA virtual annual meeting CFAP payment updates Progressive Dairy COVID-19 resources DMC: New numbers, new tool and enrollment update Enrollment for the 2021 DMC program opened on Oct. 13 and runs through Dec. 11 at USDA Farm Service Agency (FSA) offices. As of Oct. 26, about 1,167 dairy operations (4.7% of those with established milk production history) had enrolled in the 2021 DMC program. Milk production enrolled was estimated at 11 billion pounds, about 5.6% of the established history. To assist with DMC enrollment decisions, Mark Stephenson, University of Wisconsin – Madison director of dairy policy analysis, and Marin Bozic, assistant professor of ag economics at the University of ...
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