Perdue says USDA will not reopen the Dairy Margin Coverage program
Story Date: 4/20/2020

 

Source: Anna-Lisa Laca, AGWEB, 4/16/20


While milk markets have been in a tailspin, a lot of dairy producers and industry groups have called on USDA to reopen the Dairy Margin Coverage (DMC) program. Secretary Sonny Perdue, on Thursday, told AgDay TV host Clinton Griffiths he would not reopen the program. “We get a lot of requests about reopening the dairy margin coverage program,” Perdue said. “It is essentially an insurance program and the principle of insurance is you have to have it before you need it.” 

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