Missouri Dairy Business UpdateCommercial Agriculture
Volume 2, Number 10

October 2002

Government Programs: MILC & Drought Aid update

Missouri dairymen have started receiving their Milk Income Loss Contract direct deposits in the last week, for milk shipped during the transition year, December 2001 through September 2002.

For those dairymen who chose to begin receiving the next year's payments with October production, the payment rate on October milk production will be $1.59/cwt and November's payment rate will be $1.39/cwt. http://www.fsa.usda.gov/dafp/psd/MILC.htm

Drought aid checks from USDA also started being received in the last 10 days. http://agebb.missouri.edu/modbu/archives/v2n9/modbu2.htm

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