MPP-Dairy Meetings Set

The 2014 Farm Bill changed dairy farm support programs to one that is insurance based, Margin Protection Program-Dairy (MPP-Dairy). The previous program, Milk Income Loss Contract (MILC), was replaced by MPP-Dairy. A sign up period is now underway for MPP-Dairy program participation in 2016 until September 30 at designated FSA offices.
Dairy farmers who have an interest in this program have an opportunity to learn more about MPP-Dairy. On Tuesday, September 8 at 1:00 P.M., Robert Tigner, UNL Extension Educator, will present new analysis as well as MPP-Dairy information at the Gage County Extension Office in Beatrice, Nebraska. A second meeting will take place September 9 at 1:00pm at the Cedar County Extension Office in Hartington, Nebraska.
MPP-Dairy is an insurance based 2014 Farm Bill program that allows dairy farmers an opportunity to protect against declines in the difference between a two month average US milk price and a two month average feed cost. The 2014 Farm Bill specifies how milk price and feed cost is determined and each is used to calculate a “US milk margin.”
Dairy Farmers can select margin coverage from $4 to $8 in 50ȼ increments. Farmers also choose the amount of historic milk production covered from 25% to 90% in 5% increments. MPP-Dairy premiums for 2016 have two tiers of cost, less than 4 million pounds of milk production covered and 4 million and above. Premiums must be paid either fully at coverage election time or 25% by February 1 with the remainder by June 1.
For more information call Robert Tigner, 308-345-3390 or email robert.tigner@unl.edu. Please call the Gage County Extension Office at 402-223-1384 to register for the Beatrice meeting. Please call the Cedar County Extension Office at 402-254-6821 to register for the Hartington NE meeting. The Nebraska State Dairy Association will be sponsoring lunch and refreshments at these workshops.

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