PRODUCT MANAGEMENT BULLETIN: PM–19-033
United States Department of Agriculture
Farm and Foreign Agricultural Services
Risk Management Agency
1400 Independence Avenue, SW
Stop 0801
Washington, DC 20250-0801
Date
June 13, 2019
To:
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
All Risk Management Agency Field Offices
All Other Interested Parties
From:
Richard H. Flournoy, Deputy Administrator /s/ Richard H. Flournoy 6/13/2019
Subject:
Dual Participation in Livestock Gross Margin for Dairy and Dairy Margin Coverage
- Background
-
The Dairy Margin Coverage (DMC) program, administered by the Farm Service Agency (FSA), and the Livestock Gross Margin for Dairy policy (LGM-Dairy), administered by the Risk Management Agency (RMA), offer similar risk management protection for dairy producers. On December 20, 2018, the Agriculture Improvement Act of 2018 was signed into law, allowing producers to participate in both programs.
- Action
-
Producers interested in purchasing coverage should contact a crop insurance agent to sign up for LGM-Dairy. A list of agents can be found on the RMA website: www.rma.usda.gov/.
DISPOSAL DATE:
December 31, 2020