A dual pressure margin priority circuit and method for controlling flow from a pump to steering valve and low priority inlets. A steering pressure valve controls flow from pump to steering valve inlets, and provides a steering valve load sense pressure. A priority valve controls flow from pump to low priority inlets. A load sense cutoff valve has a first inlet receiving the steering valve load sense pressure. The load sense cutoff valve controls flow through the priority valve based on steering valve load sense pressure at the first cutoff valve inlet. The cutoff valve can include a second inlet coupled to tank, and a load sense input coupled to the steering valve load sense pressure. The cutoff valve can be a pressure limiter valve. The priority and steering pressure valves can be 2-way proportional flow spool valves with bias springs, and contributing and opposing load sense inputs.