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FSA releases dairy program new margins

WASHINGTON — The U.S. Department of Agriculture’s Farm Service Agency announced last week that the January 2019 income over feed cost margin was $7.99 per hundredweight, triggering the first payment for eligible dairy producers who purchase the appropriate level of coverage under the new but yet-to-be established Dairy Margin Coverage program.

DMC, which replaces the Margin Protection Program for D…

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