The USDA announced March’s margin is $9.57 per hundredweight
(cwt) for the Dairy Margin Coverage program. At the $9.50 coverage
level, participating dairies did not receive indemnities. For program year
2026, this will be the first month when the margin was above the $9.50
trigger, resulting in no payments. March’s margin was up $1.11 per cwt
from February and was down $1.98 per cwt from March 2025.
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