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Tuesday, March 26, 2019
USDA Sets Enrollment for 2018 MPP For Some Dairy Producers
Dairy producers who enrolled in the Livestock Gross Margin (LGM) insurance product for the 2018 calendar year can now enroll to retroactively participate in the Margin Protection Program (MPP) for that year.
Previously, those with the LGM insurance were unable to participate in MPP, but the signup running through May 10 will allow those producers to be able to get a one-time MPP payment for 2018.
Producers will be required to visit their local Farm Service Agency office to signup for the limited retroactive MPP program.
USDA said this will apply to a "limited' number of dairy producers. The option to get the 2018 MPP coverage in addition to having the 2018 LGM coverage was authorized in the 2018 Farm Bill.
USDA is still working on getting the new Dairy Margin Coverage (DMC) program ready to roll, with USDA Secretary Sonny Perdue saying the agency will have portions of it ready to go next month.