dairy producers

Signup for Dairy Producers Ends Friday

Dan Dairy, Economy

dairy producers

The U.S. Department of Agriculture (USDA) wants to remind dairy producers who elected to participate in the Livestock Gross Margin for Dairy Cattle Program (LGM-Dairy) have until Friday to participate in the Margin Protection Program for Dairy (MPP-Dairy) for 2018 coverage. 

The MPP-Dairy program offers protection to producers when the difference between the national all-milk price and the national average feed cost falls below the dollar amount selected by the producer for their operation. LGM-Dairy is an insurance product that provides protection when feed costs rise or milk prices drop. 

But, this retroactive sign-up is only for dairy producers with 2018 LGM coverage who produced and commercially marketed milk in 2018 but did not obtain full year MPP-Dairy coverage. FSA will provide a one-time payment for all of the months in 2018 that had margins triggering MPP-Dairy assistance. 

Sign-up runs through May 10, 2019 and eligible producers can enroll at their local USDA service center.