Milk program receives extension

0

David Lavway, state executive director of U.S. Department of Agriculture’s Farm Service Agency in Maine, has announced that payments under the extended Milk Income Loss Contract Program began Monday, April 17. The program’s final rule was published in the Federal Register.

“The MILC was recently extended through Sept. 20, 2007,” said Lavway. “For the period Oct. 1, 2005 through Aug. 31, 2007, a dairy operation’s monthly payment will equal the milk quantity sold in that month multiplied by 34 percent of the difference between $16.94 per hundredweight and that month’s domestic Class I milk price.”

Producers may sign up for MILC until May 17, or during an extended sign-up phase from May 18, 2006 through Sept. 30, 2007.

More information on MILC is available at local FSA offices and in the FSA MILC fact sheet located online at: http//www.fsa.usda.gov/pas/publications/facts/html/milc06.htm.

Advertisement
SHARE