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Sign-Up for NMPF-Designed Insurance Program Runs Through November 28

ARLINGTON, VIRGINIA – The new margin protection insurance program for dairy farmers, which was developed by the National Milk Producers Federation and enacted in the 2014 Farm Bill, was formally unveiled today by Agriculture Secretary Tom Vilsack. NMPF said it is pleased with the overall provisions of the new program, and urged farmers to begin familiarizing themselves with what will be a “valuable tool” to help manage farms’ financial risks in the future.

“Today’s release of the new dairy program’s details is the culmination of five years of work by NMPF, the nation’s dairy cooperatives and other farm groups to create an important new safety net for dairy farmers,” said Jim Mulhern, President and CEO of NMPF. “We applaud the U.S. Department of Agriculture on its hard work during the past six months putting the final touches on the dairy provisions of Congress’s Farm Bill. While some of the issues we raised could not be fully resolved in the short time available to complete the rulemaking, we’re pleased with the final package.”

Veteran Industry Expert to Focus on Environmental Issues

ARLINGTON, VA – Clay A. Detlefsen, an attorney and long-time industry specialist in dairy regulation and policy issues, will join the National Milk Producers Federation as senior vice president for regulatory and environmental affairs, the organization announced today. Detlefsen, who worked for the International Dairy Foods Association for a quarter-century, will also focus on legal issues as NMPF’s staff counsel after he starts on Aug. 18.

NMPF President and Chief Executive Officer Jim Mulhern praised Detlefsen for his knowledge of issues including FDA inspections, food safety and defense, workplace safety and, in particular, sustainability and the environment.

CEO’S CORNER


Jim Mulhern
NMPF President
& CEO

     In the 1973 Woody Allen comedy “Sleeper,” Allen’s character awakes from two centuries of suspended animation to find that his preferred diet of wheat germ, organic honey and tiger's milk has fallen out of favor. Scientists in the future have concluded that the benefits of those substances, believed in the 1970s to contain life-preserving properties, were inferior to deep fat, steak, cream pies and hot fudge.

Introducing the New Margin Protection Program

It took five years of work, but Congress finally responded by including a new Dairy Producer Margin Protection Program in the 2014 farm bill. The 950-page bill does feature the most significant rewrite of dairy policy in more than a generation, based on idea developed by NMPF's members. The program will help address the volatility in farmers’ milk prices, as well as feed costs. The MPP is scheduled to be implemented by the USDA by Sept. 1, 2014.


Use our website www.futurefordairy.com to read about what the new program is, why it was needed, and, most importantly in the months ahead, how it is being implemented.

 

A regular, detailed update on the margins between milk prices and feed costs can be downloaded from the Margin Protection Program page.

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