Dairy Margin Coverage (DMC) payments for December 2020 are triggered for some coverage levels as the national average margin for December was at $8.78 per hundredweight.
That will trigger payments for Tier 1 margin trigger coverage levels of $9 of 22 cents per hundredweight and $9.50 margin trigger coverage levels of 72 cents per hundredweight.
DMC payments are triggered when the difference between the National all milk price and the National average feed cost (the margin) falls below the producer selected margin trigger, ranging from Tier 1 from $4 to $9.50, and Tier 2 from $4 to $8, calculated monthly.
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