A new dairy revenue protection (DRP) program launched this year. U.S. Farm Report sat down with one of the program of the creator to see how the program works and how it differs from MPP.
Sen. Kristen Gillibrand is imploring fellow New Yorker and President Donald Trump to only support Farm Bill legislation that aids dairy farmers by refunding Dairy Margin Protection Program payments.
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.
'Proprietary handlers establishing new forward contracts on or after October 1, 2018 will not be exempt from paying minimum Federal order prices.' --USDA
Round one of the farm bill battles could be settled as soon as this month if the Senate agrees on a fix for cotton and dairy in the $81 billion disaster aid bill already passed by the House.
The bill has provisions that will lift an underwriting limit on revenue insurance products for livestock and reduce the cost of the Margin Protection Program for dairy producers.
As the U.S. takes aim at Canada’s dairy sector as it attempts to renegotiate NAFTA, Canada's farmers and processors are forging ahead with some of their biggest expansions and investments in more than a decade.
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.
