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Two-thirds of Vermont farmers join dairy insurance program

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Posted on January 15, 2015 |
By Addison Independent



WASHINGTON, D.C. — The USDA on Monday announced that 582 Vermont dairy farms — 67 percent of Vermont’s registered dairy farms — had enrolled in a new financial safety net called the Margin Protection Program (MPP). Created by the 2014 Farm Bill, the voluntary program offers financial assistance to participating farmers when the margin — the difference between the price of milk and national average feed costs — falls below the coverage levels selected by individual farmers.

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