Dairy Risk Management Program
3 February 2019 News
Market volatility has been and continues to be a common theme is the dairy sector. With the recent adoption of the 2018 USDA Farm Bill, there is an opportunity to utilize various new tool, including the new Dairy Margin Coverage program, to assist farmers in dairy risk management. Marketing Brief: Dairy Risk Management Program will provide answers to new programs, expected returns, and decision making tools to make better, informed decisions.
Marketing Brief: Dairy Risk Management Program is set for Thursday, February 7, 2019, at The Blue Door Coffee Co, 116 E. Main Street, Campbellsport. The brief will begin promptly at 1 pm and concluding at 3 pm.
UW-Extension Dairy Policy Specialist & UW-Center for Dairy Profitability Mark Stephenson will be the guest speaker. He 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. Dairy farmers, financial consultants, and anyone interested in the new Farm Bill should attend.
There is no fee for the program, but registration by February 5th is highly encouraged for light refreshments and materials. Registration can be done online at https://goo.gl/v6dpMu, or by calling 920.929.3171. This program is financially supported by the Fond du Lac County Farm Bureau.
For additional meeting and registration information please visit https://fyi.extension.wisc.edu/dairy/events/market-brief/. For questions, please feel free to contact UW-Extension Fond du lac County Dairy & Livestock Agent Tina Kohlman at tina.kohlman@uwex.edu or (920) 929.3180 or UW-Extension Washington/Ozaukee County Agriculture Agent Steph Plaster at stephanie.plasteer@uwex.edu or 262.335.4482.
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