So now you have your margin insurance program. The dairy farmers have no one to blame but themselves.
DFA: Farm Bill moves forward with compromise on dairy policy
Statement by John Wilson, Senior Vice President, Dairy Farmers of America
“We would like to thank our dairy farmer owners, supporters in Congress, the National Milk Producers Federation and other industry leaders for tirelessly working to advocate for change in dairy policy.
"We are disappointed with the announcement that the new Farm Bill will not include the Dairy Security Act (DSA). The DSA was created by farmers for farmers and would have benefited dairy farmers and tax payers alike. With that said, we are encouraged the new bill replaces outdated dairy policy and includes a margin insurance program, similar to that in the DSA. This new program will serve as an important risk management tool in helping the nation’s dairy farm families maintain financial stability.
“While we have not had the opportunity to review the potential impact of the newly negotiated program, we are grateful congressional leaders continued to work toward an agreement on new dairy policy.
“We urge the conferees to complete their work and send the Farm Bill to the House and Senate floors for final passage.
“As a cooperative, we will continue to work toward improvements in dairy policy, regulations and opening new markets to benefit our dairy farmer owners."