News

Risk management advisor says get DMC coverage

A risk management and marketing advisor is advising dairy producers to enroll in the Dairy Margin Coverage program for 2026. Mike North with Ever.ag says, “Yeah, highly complex advice here: Get it.”

North tells Brownfield the changes to the program are beneficial for nearly every dairy farm. “Six million pounds at nine and a half dollars of margin is a slam dunk, and if you look at the current forward curve for milk price, there’s already a payout on that that rewards your dollars many times over. You better have it on.”

North says for bigger producers, the six million pound coverage tier won’t go far enough but they should still have it.  He says dairy producers need to look at marketing plans as prices are slipping. “As we tickle fifteen (dollars) on the Class III, which is our dominant pay price in the state of Wisconsin, I think it’s important to recognize that fifteen, while we may view it poorly, may still be high relative to where this market could go.”

North says he’s meeting with dairy producers around the country, and many of them have not taken steps to put a floor under their milk prices.

The deadline for Dairy Margin Coverage sign-up is February 26^th.