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Dairy Margin Coverage

Program Funding
Total Spent
$41.3M
 
Total Obligated
$35.5M

Some agencies choose to report funding totals for multiple programs in a single submission. The obligated and spent totals shown here only reflect those reported for this program alone. To see all money associated with this program, use the All Pandemic Awards dashboard and search for the program in the filter bar.

Number of Awards
38,303
Assistance Listing
10.127
Published Date
Objectives
DMC offers a protection plan which provides payments to dairy operations when the difference between the all-milk price and the average feed cost fall below a certain, producer selected, dollar amount. Producers will be eligible for a basic level of margin protection for a small administrative fee and be able to purchase higher coverage with a fee. The Secretary of Agriculture (Secretary) will use administrative fees collected to cover administrative costs incurred to carry out the DMC program.
Total Rows 534