Page 9 - Dairy Margin Coverage Program News Today

The USDA has opened the signup period for the Dairy Margin Coverage Program for the 2022 calendar year.

Milk margins reported through the USDA’s Dairy Margin Coverage Program hit a record low in August 2021, making it tough for farm families trying to navigate profitability in their dairy

USDA Announces Improvements to the Dairy Safety Net and New Pandemic Market Volatility Assistance Program

New assistance program to help Virginia dairy farmers Published Saturday, Jul. 24, 2021, 8:42 pm Join AFPs 100,000+ followers on Facebook Purchase a subscription to AFP Subscribe to AFP podcasts on iTunes and Spotify News, press releases, letters to the editor: augustafreepress2@gmail.com (© Savo Ilic – stock.adobe.com) Dairy farmers have faced a multitude of challenges in recent years, but a new reimbursement program through the Virginia Department of Agriculture and Consumer Services is ...

WASHINGTON, D.C. — On Feb. 24 Tom Vilsack took the oath of office as the 32nd Secretary of Agriculture. It’s Vilsack’s second time as chief of the United States Department of Agriculture. He previously served eight years in the same role in the Obama administration. Vilsack, 70, is also the former governor of Iowa, and most recently was president of the U.S. Dairy Export Council, a dairy trade and lobbying group. On Monday, Vilsack sat down with Capital Press reporter Sierra Dawn...

Farm Progress MORE MILK: According to USDA, milk per cow in 2021 is projected to average 24,095 pounds, 5 pounds more than the previous forecast. Dairy Outlook: With production up and the pandemic still affecting sales, 2021 milk prices are hard to predict. Milk production continues to run well above a year ago. “December milk production was 3.1% higher than a year ago, marking the second straight month above 3%,” says Bob Cropp, University of Wisconsin-Madison d...

By Tom Doran December 14, 2020 at 8:35 pm CST WASHINGTON — A revised outlook of farm financial indicators projected a rise in net farm income for 2020 due to government payments and improved commodity prices, but estimates were not rosy for all sectors. The U.S. Department of Agriculture’s Economic Research Service projected net farm income, a broad measure of profits, to increase by $36 billion (43.1%) from 2019 to $119.6 billion this year. “In inflation-adjusted 2020 dollars, ...