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Tired of Roller Coaster Milk Margins?

November 25, 2014 By Ron Sylvester Leave a Comment

Graphic: USDA FSA

Graphic: USDA FSA

Under the new Farm Bill, the Margin Protection Program for Dairy (MPP-Dairy) provides financial assistance to participating dairy producers when the margin – the difference between the price of milk and the cost of feed – falls below the coverage level selected by the provider.

If you have not done so, visit your local county or regional USDA Farm Service Agency office with your production records by Dec. 5, 2014. When registering, paying only the $100 administrative fee provides basic $4 coverage on 90 percent of your production history. Additional coverage up to $8 margins is available with a premium.

Sign up for 2015 coverage so you will receive an automatic increase in production history for 2016.

Evaluate your options at www.fsa.usda.gov/mpptool to compare coverage levels based on future projections or look at historical data.

Filed Under: Blog Tagged With: Dairy, Deadline, FSA, Margin Protection Program, MPP, USDA

DEADLINE: July 15 for Prevented Planting & Reporting Acreage for Corn & Soybeans

July 7, 2011 By Ron Sylvester Leave a Comment

Courtesy Ohio Farm Services Agency

COLUMBUS, OHIO — July 6, 2011 — Steven Maurer, the State Executive Director for the Ohio Farm Service Agency (FSA) would like to remind producers about the deadline extension date to timely report prevented planting is July 15, 2011.

“With the extension, producers are able to file form CCC-576, Notice of Loss for prevented planting of corn and soybeans at the same time as filing annual acreage reports which are also due by July 15th, Maurer said.”

Prevented planting acreage, or acreage that could not be planted because of wet field conditions or other natural disaster, should be reported to FSA by July 15th. This includes crops covered by crop insurance or the Non-insured Assistance Program (NAP) and crops without insurance coverage.  Producers should contact their local FSA office or crop insurance agent to verify final planting dates for all crops since they vary among counties and crop types.

For crop losses on crops covered by the Non-insured Assistance Program (NAP), producers must contact their local FSA office within 15 days of the occurrence of the disaster or when losses become apparent to file a Notice of Loss. Producers with crop insurance should contact their local agent when losses occur and before destroying the crop.

To report prevented acreage, producers must complete Form CCC-576, Notice of Loss, for affected crops.

[Read more…]

Filed Under: Blog Tagged With: Deadline, Farm Service Agency, Ohio, Prevented Planting, USDA

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