09/22/2015 10:12 AM EDT Release No. 0263.15
USDA Extends Dairy Margin Protection Program Deadline
WASHINGTON, Sept. 22, 2015 – Agriculture Secretary Tom Vilsack today announced that the deadline to enroll for the dairy Margin Protection Program for coverage in 2016 has been extended until Nov. 20, 2015. The voluntary program, established by the 2014 Farm Bill, provides financial assistance to participating farmers when the margin – the difference between the price of milk and feed costs – falls below the coverage level selected by the farmer.
“The fall harvest is a busy time of the year for agriculture, so this extension will ensure that dairy producers have more time to make their choices,” said Vilsack. “We encourage all operations to examine the protections offered by this program, because despite the very best forecasts, markets can change.” Read More…
June 4, 2014 Press Release – USDA Farm Service Agency
“Farmers, ranchers and landowners committed to protecting and conserving environmentally sensitive land may now sign up for the Conservation Reserve Program (CRP). Additionally, retiring farmers enrolled in CRP could receive incentives to transfer a portion of their land to beginning, disadvantaged or veteran farmers through the Transition Incentives Program (TIP).”
See complete press release here.
“CRP consists of a ‘continuous’ and ‘general’ sign-up period. Continuous sign up for the voluntary program starts June 9.”
“The Transition Incentives Program provides two additional years of payments for retired farmers and ranchers who transition expiring CRP acres to socially disadvantaged, military veteran, or beginning producers who return the land to sustainable grazing or crop production. Sign up will also begin June 9.”