Farmers Benefit from Dairy Security Act
Why is the Dairy Security Act (DSA) important to the future of dairy farmers and the health of the dairy producer sector? This document simply and clearly illustrates how a typical farmer with 200 cows would have benefitted by having the DSA in place in 2012. The charts it contains examine how an average size farm, with average production, and purchasing a modest amount of supplemental margin insurance, would have benefitted last year – at a time when milk prices dropped, feed costs increased, and margins were very tight.
This assessment has one clear conclusion: the DSA would have increased income by about $1 per hundredweight on all milk produced in 2012 for farmers enrolled in the DSA who purchased supplemental coverage at the $6.50 level, even after subtracting out all costs related to the program.
The Farm Bill is now coming up for a vote again in Congress. Please reaffirm your support for the Dairy Security Act, and urge your members of Congress to pass the legislation as a complete package.
NMPF Rebuts IDFA Misrepresentations
Upon the release of an economic modeling analysis of the Dairy Security Act by leading agricultural economists, NMPF and IDFA both offered their perspectives on the report’s finding. However, the IDFA statement is filled with misrepresentations, falsehoods, and distortions that need to be challenged. Here are some of them.
Resources
Access fact sheets and other documents about the Dairy Security Act.
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Dairy Security Act Backgrounder (PDF
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Dr. Scott Brown May 2013 Analysis - A Comparison of 2013 Dairy Policy Alternatives on Dairy Markets (PDF )
Supporters
The Farm Bill is now coming up for a vote again in Congress. Please reaffirm your support for the Dairy Security Act, and urge your members of Congress to pass the legislation as a complete package. Write to Congress today!
