Dairy Revenue Protection Program Informational Meetings Announced

University of Wisconsin-Extension will offer a number of meetings across the state for farmers interested in learning about the new 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

 

There is no fee to attend the meetings. Registration is recommended for meeting materials.

Contact: Adam Hady, Agriculture Agent – Crawford & Richland Counties, adam.hady@ces.uwex.edu

Jan. 16, 2019, 10 a.m. – Spring Green Fire Department, 327 South Winsted Street, Spring Green, WI. Contact: Alana Voss, Sauk County UW-Extension, (608) 355-3250

Jan. 22, 2019, 10 a.m. – Gays Mills Community Center, 16381 Hwy 131 Gays Mills, WI. Contact: Ashley Olson, Vernon County UW-Extension, (608) 637-5276

For a complete list of meeting dates and locations, please refer to the flyer.  The following UW-Extension meetings on the Dairy Revenue Protection program are available by date and location. For registration, more information and questions, contact the UW-Extension office by meeting location.

Dairy Revenue Protection Program flyer 2019

Thank you to the Wisconsin Farm Bureau and other partnering organizations for their sponsorship of meeting refreshments, where applicable.