farm bill

What you need to know about 2014 Farm Bill implementation

Starting Monday, producers and landowners can start visiting their local Farm Service Agency to update their yield history and/or reallocate base acres. For those farmers planting crops, this is the first of three important decisions they will need to make as implementation of the 2014 Farm Bill starts. The U.S. Department of Agriculture is switching from traditional farm subsidy programs to a new risk management program created under the farm bill.

Farmers can now enroll in new dairy Margin Protection Program

Farmers have until Nov. 28 to enroll in the new dairy Margin Protection Program for 2014 and 2015. Established by the 2014 Farm Bill, the program provides financial assistance to participating farmers when the margin – the difference between the price of milk and feed costs – falls below the coverage level selected by the farmer. The program replaces the Milk Income Loss Contract program and gives dairy producers the flexibility to select coverage levels best suited for their operations.