Dairy Herd Management has compiled numerous sources and resources covering the dairy Margin Protection Program (DMPP). The voluntary program, established by the 2014 Farm Bill, provides basic and supplemental income insurance when the margin – the difference between the price of milk and feed costs – falls below the coverage level selected by the farmer. DMPP gives participating dairy farmers the flexibility to select coverage levels best suited for their operation.
Dairy Herd Management has been notified of DMPP informational meeting schedules in several states. Check for a meeting near you.
USDA’s Farm Service Agency, the National Coalition for Producer Education and the National Program on Dairy Markets and Policy partnered to develop the web-based decision support tool for DMPP, as well as the Livestock Gross Margin-Dairy (LGM-Dairy) insurance program. Dairy farmers can use the MPP Decision Tool in as few as four clicks of the mouse.
Narrated Presentation from NMPF