Missouri Dairy Business Update

Volume 14, Number 8
August 2014


USDA Margin Protection Program
Enrollment
September 2 thru November 28

The largest change in federal dairy policy in 15 years begins next week with the arrival of open enrollment for the USDA Margin Protection Program (MPP). The MPP program will provide a new pre-packaged, low cost risk management tool for dairy producers to guard against low milk prices and high feed costs.

 

Don’t be in a hurry to elect coverage level:

Key provisions:

Historical Income Over Feed Cost Margins

 

Premiums Graph

 

Enrollment steps at your local USDA Farm Service Agency:

 

Resources to learn more about MPP:

Dairy Markets & Policy MPP website: http://www.dairymarkets.org/MPP/
Dr. Scott Brown's calculator: http://amap.missouri.edu/farm-bill.html

 

Meetings:

MU Extension and USDA Farm Service Agency will be holding a number of free meetings around the state to help dairy producers become familiar with MPP and make the right choices. The following dates and times are arranged at this time and more will be available on the dairy calendar as they are scheduled:

 

Monday, September 29, 2014 - Webinar

12:00 p.m. - 1:00 p.m. Webinar, http://univmissouri.adobeconnect.com/r28ibv13yqg/

 

Monday, September 29, 2014 - Columbia

2:00p.m. - 3:30p.m. - Workshop, FCS Financial, 2800 Woodard Drive, Columbia

 

Tuesday, October 14th - Jackson

10:00a.m. - 12:00p.m. - Workshop, Cape Girardeau Extension Center, 684 W. Jackson Blvd., Jackson

 

Wednesday, October 15th - Monett

1:00 p.m. - 3:00 p.m. Park Casino, 101 S. Lincoln, Monett, Missouri

 

Thursday, October 16th - Monett

10:00 a.m. - 12:00 p.m. Park Casino, 101 S. Lincoln, Monett, Missouri

 

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