If a group northeastern states have their way, dairy producers could soon have a new way to stabilize their income — through insurance.

Called the Dairy Revenue Insurance Program, the proposal was submitted to the USDA Federal Crop Insurance Board for review. If approved a pilot program could be offered next year in the New England states and New York and Pennsylvania.

The goal of the program is to help stabilize producers’ revenue through the use of subsidized insurance. The proposal calls for the federal government to pay part of the insurance premium, with the states kicking in another small portion and the producer paying the rest.

To learn more, from the Worchester Telegram & Gazette News, go to: http://www.telegram.com/apps/pbcs.dll/article?AID=/20061105/NEWS/611050510/1116

Worchester Telegram & Gazette News