Dairy Increase

The USDA announced it is increasing the payments to farmers under the government’s dairy price-support program.
Until the end of October, producers will be paid 10 percent more for any milk and cheddar cheese produced. The USDA estimates that this increase will boost revenue by $243 million.
USDA Agriculture Secretary, Tom Vilsack said the increase was made to help farmers continue to operate during the dairy crisis.
The change comes following the poor conditions many farmers are facing with the current economic crisis in the dairy industry. Lawmakers and legislators from high-producing diary states were pushed for the USDA to increase payments.
Are you in the market for a farm loan? Contact Farm Plus today. Low-rate farm loans are available for all of your agricultural needs. Call 866-929-5585 or visit our website for more information regarding farm loans.