KY FSA Program Updates and Deadlines

June 2018

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Kentucky FSA Newsletter


Kentucky Farm Service Agency

771 Corporate Dr., Ste 205 Lexington, KY 40503 www.fsa.usda.gov/ky  

State Executive Director: Brian Lacefield
Phone: 859-224-7601  

State Committee:
Sharon Furches, Chair
Tom Flowers
Kenney Imel
Brenda Paul
Bart Peters

Executive Officer:
Robert W. Finch
Phone: 859-224-7696  

Administrative Officer:
Debbie Wakefield
Phone: 859-224-7622

Farm Program Chief:
Travis Chick
Phone: 859-224-7637

Farm Loan Chief:
Mike Hoyt
Phone: 859-224-7440  

To find contact information for your local office go to www.fsa.usda.gov/ky

 

USDA Extends Application Deadline for Dairy Margin Protection Program to June 22

The re-enrollment deadline for the Margin Protection Program (MPP) for Dairy has been extended until June 22, 2018.

The new and improved program protects participating dairy producers when the margin – the difference between the price of milk and feed costs – falls below levels of protection selected by the applicant.

The re-enrollment deadline was previously extended through June 8, 2018. The deadline is being extended a second time to ensure that dairy producers are given every opportunity to make a calculated decision and enroll in the program if they choose.

This will be the last opportunity for producers to take advantage of key adjustments Congress made to provisions of the MPP program under the Bipartisan Budget Act of 2018 to strengthen its support of dairy producers. USDA encourages producers contemplating enrollment to use the online web resource at www.fsa.usda.gov/mpptool to calculate the best levels of coverage for their dairy operation.

The next margin under MPP, for May 2018, will be published on June 28, 2018. Therefore, all coverage elections on form CCC-782 and the $100 administrative fee, unless exempt, must be submitted to the County FSA Office no later than June 22, 2018. No registers will be utilized, so producers are encouraged to have their enrollment for 2018 completed by COB June 22, 2018.

All dairy operations must make new coverage elections for 2018 during the re-enrollment period, even if the operation was enrolled during the previous 2018 signup. Coverage elections made for 2018 will be retroactive to January 1, 2018. MPP payments will be sequestered at a rate of 6.6 percent.

To learn more about the Margin Protection Program for dairy, contact your local USDA Farm Service Agency county office at offices.usda.gov or visit us on the Web at www.fsa.usda.gov.