Economist Disagrees With new Program

Tom Vilsack announced the requirements and steps to apply for The Dairy Economic Loss Assistance Payment and Idaho economists are skeptic to weather the plan will truly help farmers in the end.
Mike Brown, dairy economist for Glanbia Foods in Twin Falls, said the program is a one time payment to farmers that limits payments to no more than six million pounds annually. This covers only 40 percent of Idaho’s milk production.
He feels that the smaller farms in the northeast and Midwest states are the only ones who will really benefit from the new program. Idaho dairy will only receive 13 cents for every 100 pounds of milk produced.
Although the money will help, it is not nearly enough to help Idaho farmers in crisis.
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