USDA Extends Dairy Margin Protection Program Deadlines

Dairy farmers now have more time to make a decision on the dairy Margin Protection Program. Agriculture Secretary Tom Vilsack announced this week that the deadline for the program has been extended until Dec. 5, 2014. “We want dairy producers to have enough time to make thoughtful and well-studied choices,” said Vilsack. “Markets change and the Margin Protection Program can help protect dairy producers from those changes.” The program provides financial assistance to participating farmers when the margin — the difference between the price of milk and feed costs — falls below the coverage level selected by the farmer. Producers can use the Web resource at www.fsa.usda.gov/mpptool to calculate the best levels of coverage for their dairy operation. Comments also are being accepted on both the Margin Protection Program and the Dairy Product Donation Program until Dec. 15, 2014. Learn more about the dairy Margin Protection Program or submit a comment.

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