Wednesday, January 21, 2009

MILC Dairy Update

This is a clarification of the MILC rules for initial sign up. Can the government make it any more confusing?
If I am reading this correctly:
1. Dairy farmers who signed up with misinformation or confusion from FSA offices can amend the signup 2. If a dairy producer wants to sign up for February milk, they can sign up through January 14th (but not from January 15-January 31) or can sign up in February. This makes no sense to me. Could someone explain this one?
3. The latest projections suggest that February might not be the best start date for large producers who exceed 2.985 million pounds of milk a year especially if they only have 2 or 3 months of milk production to work with. Check out this website for projections from National Milk. http://www.nmpf.org/milk_pricing/milc_payments.

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