The new Margin Protection Plan (MPP) for dairy producers is the latest risk management tool available to producers. By mid-January, USDA Secretary Tom Vilsack said that enrollment in the program had exceeded half the nation’s dairy farms – well beyond his expectations.
He had to be a bit disappointed in enrollment by the Commonwealth’s dairy producers. Barely 30% of Pennsylvania’s 7,200 farms have signed up.
The MPP was created in the 2014 Farm Bill. It replaced the Milk Income Loss Contract program, giving dairy producers more flexibility to select coverage levels best suited to their operation.