Agriculture Secretary Tom Vilsack today announced that dairy farms participating in the Margin Protection Program (MPP) can now update their production history when an eligible family member joins the operation.
While issuing another $100 million in back-payments for the Margin Protection Program, the USDA extended the MPP enrollment deadline to ensure dairy farmers have every opportunity to join if they want to.
In a letter sent Tuesday to Agriculture Secretary Sonny Perdue, NMPF said that the agency needs to quickly re-open the sign-up period for MPP coverage.
In early August, the United States Department of Agriculture published the milk margin for May/June 2016 and it was $5.76. The calculated USDA milk margin is used in the Margin Protection Program for Dairy (MPP) to det
'Proprietary handlers establishing new forward contracts on or after October 1, 2018 will not be exempt from paying minimum Federal order prices.' --USDA
Dairy farmers have a stronger safety net against low milk prices and high feed costs under the new federal farm bill, and more federal dollars will be spent to spur international trade of American agricultural products.
The USDA’s Farm Service Agency (FSA) announced that producers who had coverage through MPP-Dairy are eligible to receive a repayment for part of the premiums paid into the program.
Members of the Senate and Congress are applauding the changes to MPP-Dairy that should bring much needed relief to dairy farmers who utilize the program.