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2018-02-13 / News

Gillibrand Offers Program to Help Dairy Farmers

WASHINGTON, D.C. — On Feb. 5, U.S. Senator Kirsten Gillibrand urged other members of Congress to pass her legislation, the Dairy Premium Refund Act, which would return insurance premiums to dairy farmers who paid millions of dollars for an insurance program that left them empty-handed when they needed it the most, when milk prices plummeted.

The senator reasons that the legislation would make the Dairy Margin Protection Program (DMPP) fairer for thousands of dairy farmers in the state, and put money back in their pockets. It would ensure that dairy farmers would automatically receive a check in the mail at the end of the production year, for any insurance premium funds not used to pay claims to them during the past year.

Currently, these leftover funds are given to the United States Department of Agriculture, rather then to the farmers who paid them. The bill would address all previous years, and provide payments retroactively since the DMPP program was implemented in 2015, and would apply to all future DMPP program years.

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