MILC Contracts Extended Through September
Producers’ MILC contracts are automatically extended through Sept. 30, 2013, so there is no need for producers to re-enroll.
The September 2012 MILC payment rate is .5944345 cents. County FSA offices began issuing payments around Feb. 5, 2013.
For MILC payments beginning Oct. 1, 2012, through Sept. 30, 2013, a new adjusted gross income certification form will need to be completed. The October 2012 MILC payment rate is .0236777 cents per cwt; payments will be issued in March, if the adjusted gross income certification is on file.
A relief period through Feb. 28 allows producers to change their start-month selections. During this period, the production start month may be any month in fiscal year 2013. Beginning March 1, all production start-month changes must be made according to normal start-month selection provisions.
For more information on MILC, contact the local FSA county office or visit the FSA website at www.fsa.usda.gov.