The deadline to enroll or change coverage in the new Margin Protection Program (MPP) is Friday, June 1st, 2018. Chris Galen, Sr. VP of Communications joined us on today’s Dairy Radio Now to tell us why it’s important for dairy producers to take a second look at the program since it was revised under the Bipartisan Budget Act passed by Congress in February.
Coverage choices made this spring for calendar year 2018 will be retroactive to Jan. 1, 2018. All dairy operations desiring coverage must sign up during the eight-week enrollment period. USDA also announced that dairy producers can participate in either MPP or the Livestock Gross Margin program for dairy (LGM-Dairy), but not both.
NMPF’s Chris Galen and Peter Vitaliano discuss the recent improvements to the dairy Margin Protection Program and what it all means for dairy producers. They also review USDA’s Decision Tool, which helps farmers determine the appropriate coverage. The deadline to enroll in the program in June 1.