On August 28, 2014, the U.S. Department of Agriculture announced details for a long-awaited and much-improved safety net for dairy farmers. Developed by the National Milk Producers Federation and five years in the making, the new Dairy Margin Protection Program, or MPP, is the most significant rewrite of dairy policy in more than a generation. Sign-up started September 2, 2014, and continues through Friday, December 5. Note that this is a one-week extension from the previous sign-up deadline of November 28, 2014.
This website features up-to-date information on how the program will work and how it can help limit the volatility in farmers’ margins. It also has a video presentation (see below) that walks producers through the basics of the new program. In addition, this website features a calculator allowing producers to gauge the new program’s likely impact on their operations by entering their own milk production and commodity price data.