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USDA Extends Application Deadline
for Dairy Margin Protection Program to June 22
06/12/18 07:30pm
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    Press Release from U.S. Department of Agriculture:

    USDA Extends Application Deadline for Dairy Margin Protection Program
    to June 22

    Re-enrollment Continues Through June 22, Dairy producers urged to act now

    WASHINGTON, June 12, 2018 – U.S. Agriculture Secretary Sonny Perdue today
    announced the re-enrollment deadline for the Margin Protection Program (MPP)
    for Dairy will be extended until June 22, 2018. The new and improved program
    protects participating dairy producers when the margin – the difference between
    the price of milk and feed costs – falls below levels of protection selected by the
    applicant. USDA has already issued more than $89 million for margins triggered
    in February, March, and April, and USDA offices are continuing to process
    remaining payments daily.

    “Last week we re-opened enrollment to offer producers preoccupied with field
    work an additional opportunity to come into their local office to sign-up. We did
    get more than 500 new operations enrolled but want to continue to provide an
    opportunity for folks to participate before the next margin is announced,” said
    Secretary Perdue. “More than 21,000 American dairies have gone into our 2,200
    FSA offices to sign-up for 2018 MPP coverage but I am certain we can do better
    with this extra week and a half.”

    The re-enrollment deadline was previously extended through June 8, 2018. The
    deadline is being extended a second time to ensure that dairy producers are
    given every opportunity to make a calculated decision and enroll in the program if
    they choose. This will be the last opportunity for producers to take advantage of
    key adjustments Congress made to provisions of the MPP program under the
    Bipartisan Budget Act of 2018 to strengthen its support of dairy producers. USDA
    encourages producers contemplating enrollment to use the online web resource
    at www.fsa.usda.gov/mpptool to calculate the best levels of coverage for their
    dairy operation.

    The next margin under MPP, for May 2018, will be published on June 28, 2018.
    Therefore, all coverage elections on form CCC-782 and the $100 administrative
    fee, unless exempt, must be submitted to the County FSA Office no later than
    June 22, 2018. No registers will be utilized, so producers are encouraged to
    have their enrollment for 2018 completed by COB June 22, 2018.

    All dairy operations must make new coverage elections for 2018 during the re-
    enrollment period, even if the operation was enrolled during the previous 2018
    signup. Coverage elections made for 2018 will be retroactive to January 1, 2018.
    MPP payments will be sequestered at a rate of 6.6 percent.

    To learn more about the Margin Protection Program for dairy, contact your local
    USDA Farm Service Agency county office at offices.usda.gov or visit us on the
    Web at www.fsa.usda.gov.