|By Mark Boshnack, The Daily Star, Oneonta, N.Y.|
|McClatchy-Tribune Information Services|
The legislation that sets national agriculture policy included
Standing outside a barn on the 200-cow
The farm bill includes a new margin insurance program. At a premium, it guarantees participating farmers a certain profit when inputs, such as feed and fuel, are subtracted from the price they are paid for their product. It replaces the Milk Income Loss Contract (MILC), that paid farmers a certain percentage when the price of milk fell below a set ceiling, without a premium.
But unlike the MILC program, farmers must choose several components that best fit their farm, before the new plan starts in September. This includes the amount of milk covered and the size of the margin. It is also based on historical output and business model.
"In order to benefit farmers as intended, they have to know all their options," Schumer said.
But because the nature of their work means the time is limited, federal resources have been provided to help explain the insurance options. This includes
He also thanked Schumer for his "vision and leadership" on dairy issues. This included his efforts in getting Greek yogurt, such as the product made at
In thanking Schumer,
"I appreciate the work you've done, and I appreciate you coming to
From what he has seen, it looks like Schumer is "doing good work" for farmers.
(c)2014 The Daily Star (Oneonta, N.Y.)
Visit The Daily Star (Oneonta, N.Y.) at www.thedailystar.com
Distributed by MCT Information Services
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