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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