BROOKINGS, S.D. — The I-29 Moo-University Extension collaboration along with the Minnesota Milk, South Dakota Dairy Producers, Iowa State Dairy Association, Nebraska State Dairy Association and the North Dakota Livestock Alliance, are hosting a webinar May 2, 2018 11:30 a.m. (CST) to help dairy producers understand changes made to the Margin Protection Program (MPP) by the United States Department of Agriculture (USDA) which were signed into law on February 9, 2018.
These changes included a new signup for 2018 which began April 9, 2018 and will end on June 1, 2018.
Webinar details
The webinar will feature Marin Bozic, University of Minnesota Assistant Professor in Dairy Foods Marketing Economics.
To register for the webinar visit https://z.umn.edu/MPPMay2. After registering, you will receive a confirmation email containing information about joining the webinar.
More on changes
“It is important to note that the new MPP signup allows producers to make new elections for 2018, even if you had previously signed up that are now retro-active back to January 1, 2018,” said Tracey Erickson, SDSU Extension Dairy Field Specialist.
Erickson also encourages producers to note that if they previously elected coverage for 2018 they must now make a new election or they will not have coverage in 2018.
“Producers will need to register and complete form CCC-782, along with electing a coverage level if they want coverage for 2018. Additionally, a $100 administrative fee will be assessed unless a qualified waiver is available,” she explained.
Changes to the Milk Protection Program include the following:
* Revised premium costs for Tier 1 levels
* Tier 1 volume was increased from 4 to 5 million pounds
* Indemnities are now determined monthly
* There is an exemption for the administrative fee for limited resource, beginning, veteran, and disadvantaged producers. Dairy operators who were enrolled previous to 2018 and paid the administrative fee may request a refund if they qualify for this exemption.
For additional information about the Dairy Milk Protection Program visit the USDA’s web information page at or to access the https://www.fsa.usda.gov/programs-and-services/Dairy-MPP/index or to access the Margin Protection Program Decision Tool aid go to https://www.fsa.usda.gov/programs-and-services/farm-bill/farm-safety-net/dairy-programs/mpp-decision-tool/index.
— SDSU Extension
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