Protecting Your Profits
Managing risk and protecting your profits on a dairy farm isn’t always easy, but it’s a necessary part of running your business. Welcome to the “Protecting Your Profits” podcast – a brief monthly update designed to give you the data, production trends, and national and statewide updates you need to manage your dairy’s risk management strategy.
Protecting Your Profits
March 2025: Finding a safety net & protecting your margin with DMC with Michael Sherman
In this month's "Protecting Your Profits" discussion, Michael Sherman, Outreach Specialist and Beginning Farmer/Veteran State Coordinator for the USDA Farm Service Agency in PA, shared what dairy farmers need to know about the Dairy Margin Coverage program and how to enroll. Dairy farmers have until March 31, 2025 to enroll in the DMC Program for 2025. During the webinar, Michael offered his perspective on several important questions from producers:
- With the current margin forecasts showing no payments for program year 2025, why should dairy farmers still enroll?
- What are some common mistakes or misconceptions farmers should avoid when enrolling?
- Are there any other FSA programs farmers can sign up for or should be aware of?
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