The new Margin Protection Program for Dairy will better protect producers from shifting milk and feed prices, according to the U.S. Department of Agriculture (USDA). Enrollment ends June 1.
Changes include monthly margin period calculations, increasing covered production to 5 million pounds on the Tier 1 premium schedule and lowering premium rates for Tier 1. An exemption is also included for paying an administrative fee for limited resource, beginning, veteran and disadvantaged producers.
Learn more at fsa.usda.gov/dairy.