Honoring America'S Dairy Farmers During National Dairy Month
Madam Speaker, I rise today to recognize our nation's dairy farmers. Since 1937, the month of June has been set aside to celebrate National Dairy Month. The dairy industry, and the products it produces, is extremely important to the…
Madam Speaker, I rise today to recognize our nation's dairy farmers. Since 1937, the month of June has been set aside to celebrate National Dairy Month.
The dairy industry, and the products it produces, is extremely important to the agricultural sector and hundreds of millions of Americans and consumers around the world. It generates $38 billion of direct wages for 3 million jobs on 37,000 family-owned dairy farms and related industries.
But times have been tough in recent years with narrow margins and low to no profitability. In fact, this is the fifth consecutive year that we've had low prices, pushing 2,700 dairy farmers out of business in 2018.
That's why USDA's Dairy Margin Coverage Program is so important to the American dairy industry. The Dairy Margin Coverage program will provide farmers with better coverage for lower premiums, including a retro-active start which means our dairy farmers will be able to get help with over 5 months of tough losses.
As we honor the dairy producers in our communities this month, I encourage all of our Hoosier dairy farmers to sign up for their program in order to secure much needed protection during times of uncertainty. I thank them for their tireless work for the American people.