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How Is the Margin Protection Program Performing for Tennessee Dairy Producers?

Author

Listed:
  • Griffith, Andrew P.
  • Bilderback, David
  • Eckelkamp, Liz

Abstract

The Margin Protection Program (MPP) for dairy producers was established by the Agricultural Act of 2014 (2014 Farm Bill) to reduce the market risk of dairy producers associated with the all-milk price and average feed costs. However, the MPP was amended in 2018. This article: 1. Summarizes key changes to the MPP program as a result of the 2018 amendments; 2. Summarizes the technical performance of the program, as originally established in the 2014 Farm Bill; 3. Summarizes, retrospectively, the technical performance of the program, as amended by the Bipartisan Budget Act of 2018; and 4. Summarizes feedback on the MPP provided to the authors by Tennessee dairy producers.

Suggested Citation

  • Griffith, Andrew P. & Bilderback, David & Eckelkamp, Liz, 2018. "How Is the Margin Protection Program Performing for Tennessee Dairy Producers?," Extension Reports 302909, University of Tennessee, Department of Agricultural and Resource Economics.
    • Handle: RePEc:ags:utaeer:302909
    DOI: 10.22004/ag.econ.302909
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    Keywords

    Agricultural and Food Policy; Farm Management; Livestock Production/Industries; Risk and Uncertainty;
    All these keywords.

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