The "dairy cliff" looms for New York farmers, threatening to disrupt the dairy industry and impact consumers. Senator Charles Schumer, the creator of the Dairy Margin Coverage (DMC) program, is taking action to prevent it. The DMC program, initiated in 2018, provides crucial monthly payments to dairy farmers to compensate for milk and feed price fluctuations.
Senator Schumer emphasizes the importance of this lifeline for farmers, but its potential expiration raises concerns about the future of dairy production. If the program is not extended, farmers risk losing vital government support during challenging times, leading to significant supply chain disruptions. This could result in both scarcity and a notable price increase for dairy products on store shelves.
Eric Fonda, a third-generation dairy farmer from Keystone Dairy in Lisbon, acknowledges the significance of the DMC program in stabilizing his monthly income. As dairy farmers often wait up to 30 days for payment after milk shipment, the DMC helps offset financial shortfalls during that period.
With the program's deadline set for September 30, the urgency to incorporate it into the 2023 Farm Bill becomes apparent. Senator Schumer remains determined to push through the DMC program, even if it doesn't become part of this year's Farm Bill. His focus is on safeguarding the economic engines of regions like St. Lawrence, Lewis, and Jefferson County, where farming plays a central role in supporting various industries and livelihoods.
The potential impact of the "dairy cliff" extends beyond farms to consumers who rely on dairy products daily. Without the DMC program, the government's support to farmers during tough times would cease, leading to severe consequences for both producers and consumers.
Senator Schumer's efforts are driven by the understanding that farming is deeply intertwined with the local economy, with many livelihoods directly linked to agriculture and its support industries.
With the deadline nearing, the dairy industry relies on Senator Schumer's help to keep the DMC program going. This program is crucial for farmers' incomes and making sure we have enough dairy products. Senator Schumer's support shows how much he cares about farmers and all of us who consume dairy products. He wants to make sure agriculture is protected and everyone stays well.
Photo Credit: gettyimages-minchen-liang-eyeem
Categories: New York, Government & Policy, Livestock, Dairy Cattle