American Farm Bureau Federation is analyzing dairy program needs ahead of the 2023 Farm Bill.
Economist Danny Munch tells Brownfield nearly three-quarters of dairy farmers in the U.S. are enrolled in the current Dairy Margin Coverage Program.
“In 2021, we saw a rebound after the pandemic occurred and so many farms lost a lot of money,” he says. “That year the program paid out over $1.1 billion.”
Payments have only triggered in August for some producers this year.