March 15, 2000

 

 USDA assists struggling dairy farmers

Posted Mar. 1, 2000

In January, the USDA announced that it would provide $125 million in direct cash payments to assist dairy farmers hurt by market low prices. The assistance is intended to help many small- and medium-size dairy producers until prices stabilize.

To distribute limited resources equitably among all dairy producers, the Dairy Market Loss Assistance program provides payments based on an operation's milk production in 1997 or 1998, up to the first 26,000 hundredweight of production.

Dairy farmers who produced milk during the last quarter of calendar year 1998 are eligible for the program.

Farmers who participated in last summer's program will automatically receive payments and did not need to reapply for assistance. The deadline for farmers who did not participate in the program last summer was Feb 28.