date:Oct 18, 2012
peak for myself. It wont affect me, Post said. Its not a large amount.
Post said his payment for August was $1,600, while he made $20,000 in gross dairy sales. He said he realizes there may not be payments for some time.
Right now there is no safety net for the dairy industry, he said.
Post said the MILC program will likely be replaced by a margin insurance program similar to crop insurance.
If the cost of production was greater than $4 below the cost of milk, it would kick in, he said.
Ano