March Margin Triggers Dairy Margin Coverage Program Payment

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05/20/2020 03:00 PM EDT

WASHINGTON, May 20, 2020 – The U.S. Department of Agriculture’s Farm Service Agency (FSA) announced this week that the March 2020 income over feed cost margin was $9.15 per hundredweight (cwt.), triggering the first payment of 2020 for dairy producers who purchased the appropriate level of coverage under the Dairy Margin Coverage (DMC) program.