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LGM-Dairy Participants Now Eligible MPP Program
USAgNet - 03/25/2019

The USDA announced on Friday that dairy producers who elected to participate in the Livestock Gross Margin for Dairy Cattle Program, or LGM-Dairy, now have the opportunity to participate in the Margin Protection Program for 2018 coverage. Sign-up will take place through May 10.

Producers enrolled in 2018 LGM-Dairy were previously ineligible for coverage under MPP-Dairy, which is a safety net program available through the Farm Service Agency.

"The 2018 Farm Bill included substantial changes to USDA dairy programs," said FSA Administrator Richard Fordyce. "This includes the ability for producers with LGM coverage to retroactively enroll in MPP-Dairy for 2018. It also integrated recent improvements to the MPP-Dairy in the new Dairy Margin Coverage program, beginning with the 2019 calendar year."

The MPP-Dairy program offers protection to dairy producers when the difference between the national all-milk price and the national average feed cost falls below a certain dollar amount selected by the producers in a dairy operation. LGM-Dairy is an insurance product that provides protection when feed costs rise or milk prices drop. The gross margin is the market value of milk minus feed costs.

This retroactive sign-up is only for dairy producers with 2018 LGM coverage who produced and commercially marketed milk in 2018 but did not obtain full year MPP-Dairy coverage. FSA will notify eligible producers by postcard and provide a one-time payment for all of the months in 2018 that had margins triggering MPP-Dairy assistance.


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