The Milk Income Loss Contract Program began Dec. 22, 2008, and provides payments to milk producers when prices are below statutory levels set in farm bill legislation. USDA, through the Farm Service Agency, issues payments to milk producers when the Boston Class I milk price falls below $16.94 after an adjustment is made for the cost of dairy feed rations.
Legislation to extend or re-authorize the Farm Bill has not passed and, therefore, sign-up for the MILC program ended Sept. 30.
The payment rate for August was $1.47 per hundred pounds of milk sold. To obtain this MILC payment, producers must have submitted a MILC Program application and must submit actual milk production evidence to FSA monthly.
To receive MILC payments, dairy producers must submit the required milk production evidence by no later than Nov. 1. Failure to do so will cause loss of program benefits.
For more information, call Seneca County Farm Service Agency at (419) 447-7071, ext 2, or visit www.fsa.usda.gov/pas.