The 2014 Farm Bill provides the most comprehensive reform to the U.S. federal dairy farm safety net seen in decades. In place of milk price and revenue support programs the 2014 Farm Bill creates the Margin Protection Program for Dairy Producers. MPP is a voluntary program which places an emphasis on protecting dairy production margins. MPP protects against severe downturns in the milk price, rising livestock feed prices, or a combination of both.
Organization |
University of Illinois Extension |
Publisher |
farmdoc |
Publication Views |
1492 |
Material Type |
Written Material |