Thursday, March 9, 2017
NMPF Recommends Changes to Margin Protection Program to Make It Viable Safety Net for Farmers
NMPF Recommends Changes to Margin Protection Program to Make It Viable Safety Net for Farmers NMPF Press Release The National Milk Producers Federation Board of Directors today unanimously approved a series of recommended changes to the dairy Margin Protection Program (MPP) that will restore several key elements first proposed by NMPF during development of the 2014 Farm Bill. These changes to the MPP will ensure an effective safety net for the nation’s dairy farmers – if the recommendations are adopted by Congress. The recommendations range from changing the way dairy feed costs are calculated, to providing farmers greater flexibility in signing up for coverage and using other risk management tools. The four-point plan was developed by NMPF’s Economic Policy Committee, and reflects feedback from dairy producers, economists and members of Congress.