“Focus on Risk for Dairy Farmers” webinar planned for Jan. 24, 12:30 to 1:15 PM
New York’s dairy farmers manage risks all the time, the largest of which for many over the past four years has been milk price. USDA’s Farm Service Agency (FSA) has developed tools to help dairy farmers manage milk price risks with varying success, such as the Milk Income Loss Contract program (MILC), Dairy Margin Protection Plan (DMPP), and the improved DMPP of this year. USDA’s Risk Management Agency (RMA) also has tools to help dairy farmers, but these have been adopted less in part because they require communication between a crop insurance agent and the farm, and cost is usually higher, but protection is also higher.
Fay Benson, who works with Cornell University Crop Insurance and Risk Management and Education Program, will host the webinar and share where more information can be found about the Dairy Revenue Protection Policy.
To participate, or for more information about this or other Thursday webinars, visit Cornell CALS PRO-DAIRY at: prodairy.cals.cornell.edu/webinars/. Contact Kathryn Barrett, Sr. Extension Associate – Dairy Education,
PRO-DAIRY, by phone at (607)229-4357 or email at [email protected].