Application Deadline Extended for Dairy Margin Protection Program

The deadline for the Margin Protection Program for dairy has been extended to Dec. 19. The program protects participating dairy producers when the margin — the difference between the price of milk and feed costs — falls below levels of protection selected by the applicant. “The 2014 Farm Bill created these safety-net programs to provide safeguards against the uncertainty of weather and markets, but this safety net is not automatic. You must visit your Farm Service Agency office to enroll before Dec. 19.” Producers can use an online Web resource to calculate the best levels of coverage for their dairy operation. They can type in specific operation data and explore price projections and market scenarios to determine what level of coverage is best for them. Learn more or use the Web resource to calculate the best levels of coverage.

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