Sunday, November 24, 2024
Tags Posts tagged with "Dairy Margin Protection Program"

Tag: Dairy Margin Protection Program

September brings two significant deadlines for major FSA programs: ARC/PLC and Margin Protection Program.

Enrollment for Dairy Margin Protection Program ends Sept. 30, for coverage in 2016.

The Margin Protection Program replaced the Milk Income Loss Contract program and the $9.90 minimum Class III support price programs for U.S. dairy farmers.

The voluntary program provides financial assistance to participating farmers when the margin — the difference between the price of milk and feed costs — falls below the coverage level selected by the farmer.

Farmers now have more time to sign up for the dairy Margin Protection Program. The new deadline is Dec. 19.

The USDA has extended the deadline for the dairy Margin Protection Program to Dec. 5.

The dairy industry has been the cornerstone of our local agricultural economy for decades.

Online tools help dairymen calculate Margin Protection Program costs, as well as forecast MPP payments and the total MPP benefits the producer can anticipate.