A group of university economists has assessed the proposed Dairy Security Act (DSA) and has determined it is the most effective economic safety net for farmers.
The white paper written by professors and a doctoral student from Ohio State University, the University of Minnesota, the University of Wisconsin and Michigan State University, compares the voluntary DSA program paired with a Dairy Market Stabilization Program to a smaller-scale limited margin insurance program approach that has been put forth as an alternative.
Jerry Kozak, CEO of the National Milk Producers Federation (NMPF), which supports the Dairy Security Act in a 2013 Farm Bill, says Congress needs to heed this independent report that, in his words, “is the best choice for saving dairy farmers while protecting taxpayers.”
Kozak says there is effective risk protection in the Dairy Security Act for dairy farmers.
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