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Price Support Programs
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Fact Sheet

USDA Farm Service Agency’s (FSA) Milk Income Loss Contract Program (MILC) compensates dairy producers when domestic milk prices fall below a specified level. The 2002 Farm Bill authorized MILC through Sept. 30, 2005. The Agricultural Reconciliation Act of 2005 reauthorized the program through Sept. 30, 2007. The extended program period is called MILCX. The program has no set funding level. More...

News Release

FSA ANNOUNCES PROGRAM CHANGES AUTHORIZED BY DEFICIT REDUCTION ACT

FSA announces key changes to programs authorized by the Deficit Reduction Act of 2005. The Act calls for changes to the Milk Income Loss Contract Program, special marketing loan provisions for upland cotton and the Direct and Counter-cyclical Payment Program. Full Story

Notices

LD-568
Authorization to Issue Milk Income Loss Contract Extension (MILCX) Program Payments

LD-565
Signup for the Extension of the Milk Income Loss Contract (MILC) Program

LD-562
Extension of the Milk Income Loss Contract (MILC) Program

PS-551
Helpful Hints for Successfully Processing Extended Milk Income Loss Contract Program (eMILC-X) Payments

PS-546
Processing Extended Milk Income Loss Contract (MILC-X) Payments Through the Intranet

Application Form

CCC-580X
The MILC program is available to producers on dairy operations throughout the U.S. if the dairy operation produces and commercially markets milk during the period of Dec. 1, 2001 - Sept. 30, 2005.

CCC580X Appendix

MILC-X Program Slides

Payment Rates

Payment rates to date are as follows:

Year	Month	Rates ($/cwt)
2005	October	$0.0000000
2005	November	$0.0000000
2005	December	$0.0408000
2006	January	$0.1054000
2006	February	$0.1054000
2006	March	$0.4080000
2006	April	$0.8398000
2006	May	$0.9248000
2006	June	$0.9996000
2006	July	$0.7990000
2006	August	$0.9248000
2006	September	$0.9656000

View all MILC rates
Calculate your payment amount

Regulations

The regulations at 7 CFR part 1430 are revised to implement a new program for dairy producers authorized by section 1502 of the 2002 Act, the Milk Income Loss Contract (MILC) Program. The program is in effect from December 1, 2002 through September 30, 2005. This program comes after several ad hoc programs provided through appropriations acts over the past few years.

Handbook

This handbook (11-LD) has been issued to provide instructions for administering provisions of the MILC program.

Payment Calculator

The results of this MILC payment calculator are for informational purposes only. They will be a close approximation of actual MILC repayments if the quantities and the rates entered are accurate. To use, enter values for the Milk Production quantity (in pounds), and the Payment Rate for the Month of interest, and click the Calculate button. Clicking the Reset button will clear entered values.
*** Payment Rate defaults to the month in which MILC-X payments are being made. This is usually a month behind, if there is a payment rate.

Maximum eligible production is 2,400,000 lbs per Fiscal Year.

Description	Data Entry
Milk Production (in Pounds)	2,400,000 lbs maximum/FY.
Payment Rate ($/cwt)
Monthly Payment ($)	Calculated

Enter only numeric values (no commas), using decimal points where needed.
Non-numeric values will cause errors.