Dairy farmers who had coverage under the old Margin Protection Program are eligible to get back some of those premiums. Farm Service Agency Administrator Richard Fordyce says there are a couple options available to dairy farmers. “There’s an ability for them to get a cash repayment from those premiums that they paid in at a level of 50 percent or if they want to take the dollars that they paid in premiums under the old program and apply them to premiums in the new program, they’ll get 75 percent value of the dollars paid as a credit for the premium.” Eligible dairy farmers will receive a letter from FSA, outlining their options.
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