Articles Tagged with ''Dairy Margin Coverage''

Like most dairy producers in late 2019, Ryan Klussendorf of Medford, Wis., was optimistic about 2020 dairy prices and he did not sign up for USDA’s Dairy Margin Coverage program. But after seeing the extreme volatility of this year, he’s not taking any chances for 2021 and said other producers shouldn’t either.

The window is closing fast for Congress to agree on funding the government as well as providing more coronavirus assistance to schools and sectors of the economy still reeling from the pandemic.

President-elect Joe Biden continues to roll out his Cabinet picks, though there’s no word yet on key picks for agriculture, environment and trade. Today, he’ll introduce the members of his economic team, including Janet Yellen, who he intends to nominate for treasury secretary, and Neera Tanden, his pick to run the Office of Management and Budget, which has broad authority over the spending and regulatory matters.

The National Milk Producers Federation and International Dairy Foods Association are jointly asking USDA to rescue the industry from the impacts of the COVID-19 pandemic by paying farms to cut production and providing forgivable loans to processors to keep buying milk.

This is the second episode of a five-part podcast series exploring a wide range of issues in the dairy industry. In this episode, farm broadcasters Spencer Chase and Ben Nuelle report on the various changes in dairy policy in recent memory.

Producers will have an extra week to sign up for Dairy Margin Coverage and the Market Facilitation Program.

Rice woos Turks * EU tariffs bring relief to peach growers

House Democratic leaders are aiming to push through a stopgap spending bill this week after threatening a fight with the White House, and potentially with some of their own rural members, over a plan that could jeopardize farmers’ trade aid payments.

The White House steps up its campaign to get Congress to approve the U.S.-Mexico-Canada trade agreement this week, dispatching U.S. Trade Representative Robert Lighthizer for hearings on both sides of Capitol Hill.