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Articles Tagged with ''Dairy Margin Coverage''

DMC program software update likely in February or March

The new software is necessary to make milk production history modifications for the 2024 DMC coverage period.

January 22, 2024

Dave Natzke

Dairy Margin Coverage (DMC) program software updates necessary for 2024 enrollment will be available in February or March.

Progressive Events: Alltech Dairy School celebrates 20th year

January 12, 2024

Karen Lee

Held Nov. 29-30, this year’s event focused on the past 20 years of dairy. The first day included two farm tours and a welcome dinner, while the second day featured formal presentations on topics ranging from precision feeding and on-farm technology to the evolving carbon credit and dairy markets.

November 2023 DMC margin moves above indemnity trigger

Small changes in the U.S. average feed cost and milk price were enough to push November’s Dairy Margin Coverage (DMC) margin higher.

December 29, 2023

Dave Natzke

The USDA National Agricultural Statistics Service (NASS) released its latest Ag Prices report on Dec. 29, including factors used to calculate the November 2023 Dairy Margin Coverage (DMC) margin.

Dairy risk management calendar: January 2024

The 2024 Dairy Margin Coverage (DMC) program enrollment period should be announced soon.

December 27, 2023

Dave Natzke

Progressive Dairy provides monthly online updates of important dates, reports and factors affecting risk management decisions.

Economic Update: January 2024 Class I base price weakens

‘Average-of’ formula continues to impact price

December 20, 2023

Dave Natzke

Here’s an update on economic factors impacting your dairy profitability as we approach Christmas of 2023.

Weekly Digest: Whole milk in school

Approved in the House, a bill expanding school milk options faces delays in the Senate.

December 18, 2023

Dave Natzke

Here’s an update on news impacting your dairy during the week before Christmas 2023.

Look for 2024 DMC program enrollment details early next year

As we saw in recent years, using beginning of the year milk and feed price forecasts to determine DMC participation can be risky.

December 13, 2023

Dave Natzke

USDA Farm Service Agency (FSA) staff are working on a DMC program rule amendment, anticipating an announcement of enrollment provisions early in calendar year 2024.

Weekly Digest: DMC payments, dairy export updates

The USDA’s dairy export forecast is reduced as the overall ag trade deficit grows.

December 6, 2023

Dave Natzke

Here’s an update on news impacting your dairy as we close out the first full week of December 2023.

October DMC margin hits 10-month high at $9.44 per cwt

Overall U.S. average feed costs were lower and milk prices were up, pushing the milk income margin to the highest level since December 2022.

December 1, 2023

Dave Natzke

The USDA National Agricultural Statistics Service (NASS) released its latest Ag Prices report on Nov. 30, including factors used to calculate October 2023 Dairy Margin Coverage (DMC) margins and indemnity payments.

Dairy risk management calendar: December 2023

Progressive Dairy provides monthly online updates of important dates, reports and factors affecting risk management decisions.

November 27, 2023

Dave Natzke

The Dairy Margin Coverage (DMC) program has been extended into 2024. Watch for enrollment details.

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