Study: New Relief Program for Dairy Would Cost Producers

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Study: Proposed relief program would cost dairy farmers millions (VermontBiz.com)

EXCERPT: A new study by Informa Economics concludes that the Dairy Market Stabilization Program (DMSP) proposed by the National Milk Producers Federation would have withheld an estimated $626 million from dairy farmers during periods when they were already under significant financial pressure. In 2009, the worst financial year on record for dairy farmers, $390 million would have been withheld, with the majority of it, $236 million, coming from just five states: Wisconsin, New York, Minnesota, Pennsylvania and Michigan. Vermont would lose $4.1 million.