USDA expands safety net for dairy operations adding family members
April 15, 2016
Agriculture Secretary Tom Vilsack announced April 12 that dairy farms participating in the Margin Protection Program can now update their production history when an eligible family member joins the operation.
The voluntary program, established by the 2014 Farm Bill, protects participating dairy producers when the margin – the difference between the price of milk and feed costs – falls below levels of protection selected by the applicant.
"This change not only helps to strengthen a family dairy operation, it also helps new dairy farmers get started in the family business, while ensuring that safety net coverage remains available for these growing farms," Vilsack said. "When children, grandchildren or their spouses become part of a dairy operation that is enrolled in MPP, the production from the dairy cows they bring with them into the business can now be protected."
For more information, visit FSA online at http://www.fsa.usda.gov/dairy or stop by a local FSA office and ask about the Margin Protection Program. To find a local FSA office in your area, visit http://offices.usda.gov.