UW-Extension is hosting a meeting on February 6th in Burlington for farmers interested in learning about the Dairy Revenue Protection program, a new federal insurance tool, with a quarterly payout to dairy farms when milk revenue falls below their insured revenue level. Mark Stephenson, Director of the UW-Center for Dairy Profitability, will provide a comprehensive overview of the Dairy Revenue Protection program and updates to the FSA Dairy Margin Protection Program (MPP), as another tool for dairy farmers when milk prices are low. Important changes to the MPP have been introduced in the Farm Bill that may make this program worth a second look. The discussion will cover the following specific information for dairy farmers considering the program:
- New Dairy Revenue Protection (RP) program structure and function
- Overview of Dairy programs RP, MPP and Livestock Gross Margins (LGM)
- FSA implementation
- Expected returns
- Decision-making tool & calculations
- Wednesday, February 6th
- 10 AM – 12 PM
- Gateway Technical College – Burlington Campus Room 100, 496 McCanna Pkwy, Burlington, WI.
There is no fee to attend, but pre-registration is encouraged. For registration, more information and questions, contact Leigh Presley 262-857-1948, 262-767-2905 or email@example.com.