A discussion of changes dairymen should be aware of in the new farm bill will be led by Dr. Marin Bozic, Assistant Professor in the Department of Applied Economics at the University of Minnesota beginning at noon on Thursday, December 27. There is no fee, but registration is required at: http://bit.ly/DMC-2019-FarmBill
The program will highlight and discuss the economic implications of five points:
Margin Protection Program for Dairy Producers discontinued.
Dairy Margin Coverage program introduced.
Low premiums and coverage levels up to $9.50. Discounts for consistent use.
Partial rebate of net MPP premiums paid for 2015-2018 period.
No more restrictions on combining crop insurance and Title I programs (LGM and DMC
There will be time for questions at the end of the presentation.
The program is sponsored by I-29 Moo University and Minnesota Milk. For more information contact your state dairy specialist. In Northwest Iowa that is Fred M. Hall. He can be contacted by calling 712.737.4230 or by email at firstname.lastname@example.org.
While fridged temperatures may have reduced the expected attendance at the 2018 Iowa State Dairy Association Annual Meeting last week in Ames, those attending enjoyed top-flight presenters. Included in the program was Iowa Agriculture Secretary Bill Northey who reviewed cover crops and water quality programs, gave insights on the farm bill discussions and trade issues plus outlined how agriculture needs a labor force that is predictable and legal.
Starting Sept. 1, 2017, dairy producers can enroll for 2018 coverage in the Margin Protection Program (MPP-Dairy). Secretary Sonny Perdue has utilized additional flexibility this year by providing dairy producers the option of opting out of the program for 2018.
All agricultural lenders will receive useful information during the Siouxland Dairy Lender’s Seminar on Thursday, November 2 at the Forrester Community Center in Rock Rapids, Iowa. Lenders who serve agricultural clients and especially lenders who work with dairymen in Iowa, Minnesota, Nebraska and South Dakota are encouraged to attend. This year’s focus is on market outlooks for livestock, grains and dairy, long-term weather influences for agriculture plus dairy finances and ag policy. The program begins with registration at 9 am, with programs running from 9:30 am to 4 pm.
Last week Senator Joni Ernst met with Northwest Iowa Dairyman Lee Maassen at the family dairy near Maurice. The Senator and her entourage toured the dairy and then sat down with the family to share ideas on what Washington can do to help area dairymen.