The 11th-Hour Trigger: December DMC Delivers the Only Payment of 2025

ZISK
20 minutes ago
1 min read

For the U.S. dairy producer, the 2025 calendar year was relatively stable, at least according to the Dairy Margin Coverage (DMC) program. For 11 consecutive months, the margin stayed above the $9.50 Tier I coverage level, leaving the program’s safety net untouched. But as the year drew to a close, the market finally blinked.

According to the USDA National Agricultural Statistics Service (NASS) ag prices report released Jan. 30, the December 2025 margin finally dipped to $9.42 per cwt. This 8¢ difference below the $9.50 trigger level officially established the first and only indemnity payment of the 2025 program year.

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