Sign-up for the Dairy Margin Coverage program will be extended to Friday, September 27 . Farm Service Agency Acting Administrator Steve Peterson explains the program. “The 2018 Farm Bill lowered the premium levels, but increased coverage levels. In the first tier of five million pounds, farmers could have coverage levels up to $9.50. That’s a significant difference from the 2014 Farm Bill levels authorized,” says Peterson. “Also, Dairy Margin Coverage is the difference between the all-milk price and actual feed cost. There’s a difference in comparing to those coverage levels the producer will elect. It will allow producers to get paid on the pounds of production they have, based on whatever percentage of production they want covered under the program.”
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