Call it hedging your bets, a wise business decision or no faith in milk prices, nearly half of New York's Dairy Farmers invested in the Margin Protection Program for Dairy.  

According to the New York Farm Bureau, 48% of NY Dairy Farmers took part in this year's program that
"provides protection to dairy producers when the margin – the gap between milk prices and feed – falls below a coverage level selected by the farmer."
Varying margins are available, a $100 administration fee provides a farmer with coverage at $4.  Slightly more to cover a wider margin up to $8.  Sign up for next year's program beginning July 1. Get more details on eligibility and how to sign up.

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