With the signup deadline for the Dairy Margin Coverage program quickly approaching on September 20, the National Milk Producers Federation is urging all dairy farmers to enroll in the program.
The latest enrollment numbers indicate that 68 percent of dairy operations with an established production history have enrolled so far for this year. This represents more than 18,000 producers nationwide.
The program is guaranteed to pay all producers enrolled at the maximum $9.50 per-hundred-weight coverage level for at least every month of production this year through July, according to USDA data.
Jim Mulhern, NMPF President and CEO, says the program “offers better support for dairy farmers than its predecessor,” and is “worthwhile for every farmer.” NMPF says the new program offers a more robust safety net for dairy producers of all sizes. The Dairy Margin Coverage program replaced the Margin Protection Program for dairy.
NMPF has a resource page on its website www.nmpf.org to help farmers sign up for the program.