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08/03/2011 01:45 PM EDT
Greg Biba
608.662.4422 x118
Greg.biba@wi.usda.gov
Cally Ehle
608.662.4422 x141
Cally.ehle@wi.usda.gov
On or before day 14 of the month prior to the new MILC production start-month (unless that day falls on a weekend federal holiday, then the date falls to the previous business day); Before payment is sought; Before the original selected MILC production start-month has passed.
608.662.4422 x118
Greg.biba@wi.usda.gov
Cally Ehle
608.662.4422 x141
Cally.ehle@wi.usda.gov
Selecting and Changing MILC Payment Start Month
(MADISON, WISCONSIN), August 3, 2011 – Dairy producers who are enrolled in the Milk Income Loss Contract Program (MILC) and want to change their start date for 2012 MILC payments to October have until September 14, 2011 to request the change. Additionally, producers who currently have October as their start month and would like to change it must also make that change by September 14, 2011.
Dairy producers are allowed to change their start month an unlimited number of times throughout their enrollment in MILC provided that the changes are made:
On or before day 14 of the month prior to the new MILC production start-month (unless that day falls on a weekend federal holiday, then the date falls to the previous business day); Before payment is sought; Before the original selected MILC production start-month has passed.
For example, if a dairy operation's current start-month for fiscal year 2012 is January, and the dairy operation decides to change the start-month to October, the new start-month would have to be selected by September 14, 2011.
If the start-month is never changed, it will remain the same throughout the MILC contract’s duration.
The MILC program compensates dairy producers when the Boston Class I milk price falls below $16.94 per hundredweight. Payments will be made on an operation-by-operation basis up to a maximum of 2.985 million pounds of milk produced and marketed by the dairy operation per fiscal year.
Dairy operations that are unsure of their start month or would like to change their start month should contact their local FSA county office.
Dairy producers interested in applying for the MILC program can visit a local FSA office or download the application online at http://forms.sc.egov.usda.gov/eForms/welcomeAction.do?Home.
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