Maine dairy insurance coverage available
Any producer who owns dairy cattle in Maine is now eligible for Livestock Gross Margin for Dairy Cattle Insurance Policy coverage.
For decades, the Federal Government made ad hoc disaster and deficiency payments to growers who experienced a significant crop or revenue loss due to weather or other conditions beyond their control. The Risk Management Agency, a division of the United States Department of Agriculture, began funding educational programs to teach growers about the new way the government will be dealing with crop losses. Growers and producers will no longer receive government aid during years of crop disasters or price support payments during low price years. Instead, growers and producers will be responsible for managing their risks associated with farming. Crop Insurance will provide partial replacement for the Federal safety net.
The University of Maine Cooperative Extension has received a grant for Maine from the Risk Management Agency to educate Maine producers about crop insurance. For several years, extension educators have been conducting seminars, attending industry meetings and trades shows, and writing articles for commodity specific newsletters and other trade specific publications. Their goal is not to sell insurance to growers and producers, but to increase awareness of the changes occurring at the USDA and educate growers of the potential benefits of crop insurance to their operations.
