The recently signed two year federal budget includes some changes in Dairy’s Margin Protection Insurance Program. National Milk Producer Federation’s Chris Galen says the changes should spark more interest in MPP with some reduced premium costs.
He says it will be more cost effective for producers to insure themselves against tighter margins.
Galen says while the next sign up period hasn’t yet been determined there is time for dairy producers to consider what levels if any they want to insure in the MPP.
Galen expects the next sign up for the Margin Protection Program to come soon and thinks it’ll last about three months.
