Thursday, October 09, 2014

Small Dairymen These Days: 200 Cows?

A quote from Rep. Peterson at Farm Policy, on the new dairy program:
“‘I’m hoping that everybody signs up for the catastrophic coverage, pays the $100 administrative fee, and locks in their production base so they get adjustments going forward,’ said Peterson, an accountant by trade. ‘If you’re a smaller producer, below 4 million pounds, the $7 margin coverage is so inexpensive that I think it’d be a mistake not to take it.’”
Now if your herd is averaging 20,000 lbs (which still seems incredible to me), I think that means a herd of 199 cows is "small". 


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