Enrollment for 2016 Dairy Margin Protection Program Open

Agriculture Deputy Secretary Krysta Harden today announced that starting July 1, 2015, dairy farmers can enroll in the U.S. Department of Agriculture’s (USDA) Margin Protection Program for coverage in 2016. The voluntary program, established by the 2014 Farm Bill, provides financial assistance to participating dairy operations when the margin – the difference between the price of milk and feed costs – falls below the coverage level selected by the farmer. Harden made the announcement while visiting Wolfe’s Neck Farm and dairy school in Freeport, Maine. The Margin Protection Program gives participating dairy producers the flexibility to select coverage levels best suited for their operation. Enrollment begins July 1 and ends on Sept. 30, 2015, for coverage in 2016. Participating farmers will remain in the program through 2018 and pay a $100 administrative fee each year. Producers also have the option of selecting a different coverage level during open enrollment each year. Margin Protection Program payments are based on an operation’s historical production. An operation’s historical production will increase by 2.61 percent in 2016 if the operation participated in 2015, providing a stronger safety net. <more>

June 29, 2015 FSA news release