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Changing Structure, Financial Risks, and Government Policy for the U.S. Dairy Industry

  • ERR-205

Overview

Congress created the Dairy Margin Protection Program (MPP-Dairy) in 2014 to provide farmers with financial protection against risks from increasing volatility in milk and feed prices. This report focuses on the interrelated topics of structural change in dairy production, changes in dairy product markets, growing price volatility, and dairy policy.

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