margin dairy

Reminder: MPP Enrollment Deadline Looming

DanDairy & Livestock, Industry News Release

Dairy farmers have until Friday to enroll in the retooled dairy Margin Protection Program. The Department of Agriculture set a June first deadline for enrollment in the program that was revised by Congress earlier this year.

enrollmentUSDA says many producers will see payments in early June, depending on the coverage they elect. The program protects dairy producers by paying them based on the difference between the national all-milk price and the national average feed cost. The 2018 Bipartisan Budget Act made several changes to the safety net program to provide better protections for dairy producers from shifting milk and feed prices.

Producers already enrolled in the program must still enroll in the new program, if they have yet to do so already. The new program is retroactive for all of 2018. For more information and enrollment, farmers are encouraged to contact their local Farm Service Agency office.

From the National Association of Farm Broadcasting News Service.