Forecasts for prices and politics both make signup for the Dairy Margin Coverage Program a compelling risk-management choice for 2021, National Milk Producers Federation Senior Vice President for Member Services & Strategic Initiatives Chris Galen says.
“Congress is still trying to pass another stimulus bill to help all walks of life in our society and our economy and hopefully agriculture will be part of that, but right now there aren't any serious negotiations. Who knows if that can will be kicked into 2021?” Galen said. “What we do know is that the DMC program is forecast to make payments in the first part of 2021. So you've got to go with what you know.”