# Margin outlook tightens as new DMC deadline looms - Progressive Dairy | Ag Proud

> Dairy farmers faced a December 20 deadline to enroll in the 2020 Dairy Margin Coverage program after the USDA extended it by a week. The US-China phase one trade deal, announced December 13, could affect both feed costs and milk income but its details were not yet available. Phase one is expected to be signed in early January.

- Date: 2019-12-17 · published 2019-12-17T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/55734-margin-outlook-tightens-as-new-dmc-deadline-looms-progressive-dairy-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Changes to feed costs and export access for dairy could shift milk production and feed purchasing decisions in 2020. Until the deal's terms are published, the price effect on milk and feed remains uncertain.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-01-01 | [Dairy Marketplace Outlook for 2021 - Purdue Ag Econ Report](https://feedsoft.ai/events/49653-dairy-marketplace-outlook-for-2021-purdue-ag-econ-report.md) | +5.7% | +2.0% |
| MILK | 2023-01-06 | [U.S.-Canada dairy trade relationship remains strained \| Ag Proud](https://feedsoft.ai/events/5545-u-s-canada-dairy-trade-relationship-remains-strained-ag-proud.md) | +2.1% | -6.2% |
| MILK | 2021-07-30 | [U.S. Ag Groups Ask For More Trade Reforms - EDairy News English](https://feedsoft.ai/events/46059-u-s-ag-groups-ask-for-more-trade-reforms-edairy-news-english.md) | -2.4% | -3.0% |
| MILK | 2025-02-21 | [The Farmer's Exchange Online For Now, U.S. Dairy Products Escape Countertariffs](https://feedsoft.ai/events/26038-the-farmer-s-exchange-online-for-now-u-s-dairy-products-escape-countertariffs.md) | -0.5% | -8.8% |
| MILK | 2025-02-28 | [Tariffs to Artificial Intelligence, Dairy Market Faces a Number of Uncertainties](https://feedsoft.ai/events/26206-tariffs-to-artificial-intelligence-dairy-market-faces-a-number-of-uncertainties.md) | -9.5% | -7.7% |

## Sources

- agproud.com: https://www.agproud.com/articles/37139-margin-outlook-tightens-as-new-dmc-deadline-looms

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.