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Thursday, August 4, 2016

Thompson Announces Federal Assistance for Milk Producers Due to Tightening Dairy Margins

Oil City, PA –U.S. Rep. Glenn ‘GT’ Thompson today announced $586,075 in financial assistance to the more than 360 Pennsylvania dairy producers enrolled in the United States Department of Agriculture’s (USDA) Margin Protection Program for 2016. The payments, which are for the period of May and June, will be the largest since the program began in 2014, totaling nearly $11.2 million nationwide.

The Margin Protection Program (MPP) for Dairy Producers is a voluntary program created in the 2014 Farm Bill. Producers must pay an annual administrative fee to participate, which rises for higher margin protection levels. In return, MPP offers assistance to participating dairy producers when the difference between the price of milk and the average cost of feed falls between $4-8.

The additional assistance is a result of the tightening margin between milk prices and the cost of feed. Thompson joined several of his colleagues in the House, formally requesting that USDA Secretary Tom Vilsack use his authority to continue to provide assistance to producers in response to the continued effects of the 2009 dairy collapse.

“Not only is agriculture Pennsylvania’s largest industry, but the commonwealth also ranks 5th in the nation for total milk production,” Thompson said. “Pennsylvania has more dairy farms than any other state except Wisconsin, which have supported generations of families. I will continue to use my role on the House Agriculture Committee to ensure these farms can continue to support communities and the national dairy markets for years to come.”

Dairy producers interested in learning more about the Margin Protection Program can visit the website of the USDA Farm Service Agency (FSA) or stop by their local FSA office.

1 comment :

Anonymous said...

Don't bother!