U.S Department of Agriculture (USDA) did extend the application deadline for the Milk Loss Program (MLP) to this coming Monday, October 30th. This is to allow more time for eligible dairy farmers to apply for much-needed weather-related disaster recovery assistance. Administered by the Farm Service Agency, MLP compensates dairy producers who, because of qualifying weather events, dumped or removed milk …
Milk Loss Assistance Signup Ends October 16
Sign-up for a new USDA dairy program to assist producers who suffered economic loss due to a weather event will end on October 16th. Rod Bain has more details. Farm Service Agency (FSA) Acting Deputy Administrator John Berge has more information concerning how this new USDA dairy program pays producers. For more information contact FSA at your local USDA Service …
Dairy Margin Coverage Program Provides Critical Support for Dairy Operations
USDA announced that the August milk margin did trigger the eighth consecutive payment for dairy producers who obtained Dairy Margin Coverage (DMC) for 2023. That month, the income over feed margin was $6.46 per hundredweight with projected DMC payments totaling $120 million. So to date, dairy producers have received more than $1.2 billion in much needed economic support for 2023 and margin …