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You are here:  FSA Home / Price Support / Market Loss Assistance Payment Programs / Milk Income Loss Contract (MILC)
Price Support
Milk Income Loss Support

 
MILK INCOME LOSS CONTRACT PROGRAM (MILC)

 
Overview

 
USDA's Milk Income Loss Contract Program (MILC), administered by the Farm Service Agency's (FSA), compensates dairy producers when domestic milk prices fall below a specified level. The 2008 Farm Bill authorized MILC through Sept. 30, 2012. The program has no set funding level.
More (Factsheet)

 
MILC Application Form

 
  • CCC-580 - The MILC program is available to producers on dairy operations throughout the U.S. if the dairy operation produces milk in the U.S. and commercially markets the milk produced during the period of October 1, 2007, through September 30, 2012. Producers use the CCC-580 to apply for MILC benefits.

 
  • CCC-580 Appendix - Outlines terms and conditions for participating in the MILC program

 
Other MILC Program Forms

 

 

 
Payment Rates Information

 

 

 

 
Fiscal Year 2011/12
Mo.
BCI
Price-$
(16.94)
Pymt Rate- $
(Before Adjust.)
NAD-
FRC-$
(7.35)
Adjust. Trigger
Final Pymt Rate Adj.for Feed Cost ($/cwt)
Fiscal Year 2011
Sep
25.03
0.0000
11.45
21.19
0.00000
Fiscal Year 2012
Oct
22.81
0.0000
10.92
20.64
0.00000
Nov
21.70
0.0000
10.94
20.66
0.00000
DEC
21.72
0.0000
10.95
20.67
0.00000
Jan
22.05
0.0000
11.05
20.79
0.00000
Feb
20.28
0.0000
11.40
21.15
0.38950
Mar
19.55
0.0000
11.64
21.39
0.82624
Apr
18.91
0.0000
11.84
21.60
1.21096
May
19.10
0.0000
12.04
21.80
1.21642
Jun
18.49
0.0000
11.78
21.53
1.36775
Jul
18.76
0.0000
12.61
22.40
1.63817
Aug
19.80
0.0000
13.27
23.08
1.47607
Sep
20.84
0.0000
TBD
TBD
TBD
Oct
22.13
0.0000
TBD
TBD
TBD
The accurate MILC payment rates carried to seven decimal places are available here

 
Dairy Feed Ration Cost Calculator

 
(PDF)

 
Program Handbook and Notices

 
  • 11-LD Milk Income Loss Contract Program
  • LD-625 MILC Payments and Web-Based Business File
  • LD-622 FY 2010 National CORP Review for Improper Payments for MILC Program

 

 

 

 

Last Modified: 09/28/12 7:25:32 AM


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