How Is the Margin Protection Program Performing for Tennessee Dairy Producers?
Andrew P. Griffith,
David Bilderback and
No 302909, Extension Reports from University of Tennessee, Department of Agricultural and Resource Economics
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.
Keywords: Agricultural and Food Policy; Farm Management; Livestock Production/Industries; Risk and Uncertainty (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:utaeer:302909
Access Statistics for this paper
More papers in Extension Reports from University of Tennessee, Department of Agricultural and Resource Economics Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().