Bob Gray from Northeast Dairy Farmers Cooperatives tells us dairy producers who elected to participate in the Livestock Gross Margin for Dairy Cattle Program now have the opportunity to participate in the Margin Protection Program (MPP) for 2018. Previously dairy producers who enrolled in the LGM-Dairy Program in 2018 were ineligible to participate in the MPP. Changes made in the 2018 Farm Bill allows producers who enrolled in LGM-Dairy last year to now retroactively enroll in last year’s MPP.
The MPP dairy program offers payments to producers when the all milk price and the national feed cost – – the margin – – fall below a certain dollar level selected by producers.
The highest margin level for the MPP in 2018 was $8.00. Most importantly, sign up started March 25, and ends on May 10th, 2019. Please make a note of this if you are eligible.
