|
Overview
USDA Farm Service Agency?s (FSA) Milk Income Loss Contract Program (MILC) compensates dairy producers when domestic milk prices fall below a specified level. The 2002 Farm Bill authorized MILC through Sept. 30, 2005. The Agricultural Reconciliation Act of 2005 reauthorized the program through Sept. 30, 2007. The extended program period is called MILCX. The program has no set funding level.
MILC-X Application Form
- CCC-580X The MILC program is available to producers on dairy operations throughout the U.S. if the dairy operation produces and commercially markets milk during the period of Dec. 1, 2001 - Sept. 30, 2005.
Payment Rates
Payment rates to date are as follows:
Year | Month | Rates ($/cwt) |
|---|
2006 | October | $0.4318000 |
|---|
2006 | November | $0.4386000 |
|---|
2006 | December | $0.4284000 |
|---|
2007 | January | $0.0340000 |
|---|
2007 | February | $0.1020000 |
|---|
2007 | March | $0.0000000 |
|---|
2007 | April | $0.0000000 |
|---|
2007 | May | $0.0000000 |
|---|
2007 | June | $0.0000000 |
|---|
2007 | July | $0.0000000 |
|---|
2007 | August | $0.0000000 |
|---|
2007 | September | $0.0000000 |
|---|
Program Handbook and Notices
- LD-581 Handling Corrections for Electronic Milk Income Loss Contract (eMILCX) Program
- LD-579. Clarifying Policy Granting Relief for FY 2007 Selection of Milk Income Loss Contract Extension (MILCX) Production Start Month
- LD-574 Relief for FY 2007 Selection of Milk Income Loss Contract Extension (MILCX) Production Start Month
- LD-562 Extension of the Milk Income Loss Contract (MILC) Program
- PS-596 Extended Milk Income Loss Contract (MILC-X) Payments Correction Software Release
- PS-595 Correcting Extended Milk Income Loss Contract (MILC-X) Payments Through MILC-X Software
Date Last Modified 08/29/07
|
|
|
|
