Dairy MPP focuses on income protection

Dairy MPP focuses on income protection

Majority of milk produced in U.S. is eligible for new margin protection insurance program.

A STRONG milk price does not guarantee a profitable year for dairy operations; high input costs can easily erode high milk prices, as demonstrated by the difficult years producers had in 2009 and 2012.

Therefore, for dairy farmers' financial sustainability, it is important to focus on margins rather than price alone.

The U.S. has a long history of federal safety net programs for dairy producers that trigger government suppor

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