See the changes in dairy industry margin protection offered by the USDA’s Margin Protection Program (MPP-Dairy)
Especially with the re-enrollment deadline of June 1st fast approaching.
The dairy industry is an important one in the U.S., but it’s also one that is constantly stuck between low dairy prices and high feed prices. At times, the state of these two conditions means a dairy operation isn’t able to make a profit. In order to ensure a strong dairy industry, the USDA started the MPP-Dairy to offer the country’s dairy industry margin protection. Some significant changes have been made recently to the program that dairy operators should be aware of. See the details of those changes below.Read More