Enrollment for new dairy farm Margin Protection Program begins in September

Sequester could cause billions of dollars in losses for meat producers

Enrollment for new dairy farm Margin Protection Program begins in September Beginning Sept. 2, USDA said enrollment for the new dairy Margin Protection Program will be open to farmers.

According to USDA, the voluntary program was established by the 2014 farm bill and provides financial assistance to farmers when the difference between the price of milk and feed costs falls below the coverage level selected by the farmer.

To determine the appropriate level of coverage, USDA also launched a new web tool available at www.fsa.usda.gov/mpptool.

“We've made tremendous progress in implementing new risk management programs since the Farm Bill was signed over six months ago,” said USDA Secretary Tom Vilsack.

The new program will replace the Milk Income Loss Contract Program and will remain open to enrollment through Nov. 28.

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Jeremy Gerrard was Food Engineering's Digital/Online Editor. He is a graduate of Auburn University with a degree in journalism. His previous work experience includes years spent as a reporter with the Daily Local News out of Chester County, PA. In addition to writing feature articles for Food Engineering, Jeremy covered the Dry Processing, Field Reports and People and Industry news sections.