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New Protection Program for Dairy Producers

Posted: Wednesday, September 3rd, 2014 at 6:22 am
Author: Sally Y. Hart - KCII News

Iowa’s dairy producers can now enroll in the Margin Protection Program through the United States Department of Agriculture and the Iowa Farm Service Agency. The new voluntary program is part of the 2014 Farm Bill and provides financial assistance to participating farmers when the margin falls below the coverage level selected by the farmer. The margin is the difference between the price of milk and feed costs. Also, a website was launched to help producers determine what level of coverage provides the best safety net with a variety of conditions. To view the website http://www.fsa.usda.gov/FSA/pages/content/farmBill/fb_MPPDTool.jsp