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Introducing the New Margin Protection Program

After suffering a catastrophic year 2009, dairy farmers needed a new safety net. It took five years of work, but Congress finally responded by including a new Dairy Producer Margin Protection Program in the 2014 farm bill. It wasn’t everything we wanted. But the 950-page bill does feature the most significant rewrite of dairy policy in more than a generation. The program will help address the volatility in farmers’ milk prices, as well as feed costs, and provide appropriate signals to help address imbalances in supply and demand. Overall, it provides a more effective and reasonable safety net for dairy farmers. And whatever its shortcomings, it is far better than the programs it replaced.

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.

 

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