College of Agriculture & Natural Resources
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Item Revenue Insurance Now Available For Dairy Producers(2018-10) Kuykendall, Olivia; Goeringer, PaulUSDA recently approved a financial risk management program for farmers who are vulnerable to dairy price fluctuations. The Dairy Revenue Protection program is buy-in insurance that covers a percentage of a producer’s expected quarterly revenue. Coverage is quarterly and the price depends on either the class or component of the milk products and the desired percentage of coverage. More information on the program, eligibility, limitations, pricing, where and how to buy can be found in this publication.Item Market Facilitation Program Available to Assist Producers Due to Trade Disputes(2018-09) Kuykendall, Olivia; Goeringer, PaulThe U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) established the Market Facilitation Program (MFP) under Section 5 of the Commodity Credit Corporation (CCC) Charter Act. This section authorizes CCC to assist in the disposition of surplus commodities and to increase the domestic consumption of agricultural commodities by expanding or aiding in the expansion of domestic markets or by developing or aiding in the development of new and additional markets, marketing facilities, and uses for such commodities. MFP provides direct payments to producers of specific products impacted by foreign tariffs.