Dairy Producers Can File for Federal Reimbursements Tuesday

 Dairy Farm in San Diego, Calif. | Photo courtesy of Creative Commons

Beginning Tuesday, local dairy producers can file for federal reimbursements for losses caused by market fluctuations.

The U.S. Department of Agriculture Farm Service Agency announced it will begin issuing payments to dairy farmers enrolled in the Milk Income Loss Contract (MILC) program for September 2012 marketings. MILC payments are calculated monthly and are triggered when the Boston Class I milk price falls below $16.94 per hundredweight after adjusting for the cost of feed.

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