0

What is the Margin Protection Program?

Add comment

1 answer

9

Agriculture Secretary Tom Vilsack announced in August 2016, approximately $11.2 million in financial assistance to American dairy producers enrolled in the 2016 Margin Protection Program for Dairy (MPP-Dairy). The payment rate for May/June 2016 will be the largest since the program began in 2014. The narrowing margin between milk prices and the cost of feed triggered the payments, as provided for by the 2014 Farm Bill.
Add comment