The Dairy Margin Coverage Program is one tool available for dairy farmers in challenging times. Associated Milk Producers Incorporated board chairman Steve Schlangen says Minnesota dairy farmers have an added incentive to sign up. “In the state, we have a rebate program if you sign up for five years at any level, you can get the rebate,” he says. “It helps pay for the premium. Depending on how many people sign up and how much production is enrolled, it may be more money depending on what is left of the $8 million the Minnesota Agriculture Department has for this.” Schlangen says the former Margin Protection Program left a bad taste. “It wasn’t what we had hoped for at all. It turned out to be what it is,” he says. “Looking forward, the DMC is much better, especially on the first five million pounds of milk per farm. It’s really good for the small family farms and rural communities.” DMC enrollment is open and ends on September 30.
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