Monthly Archives: January 2019

Farm, Forest and Maple Business Clinics

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UVM Extension Business Specialists Mark Cannella, Tony Kitsos, Chris Lindgren and Betsy Miller are available to work one-on-one with farm, forest and maple businesses on their finances. Reserve a 1½ hour appointment to prepare documents that will help manage the business. Use the time to develop a balance sheet, update financial statements, review a business plan, consider changes to the business and more. Bring your financial statements, recent records and questions!

➥ 1½ hour, private meetings
➥ Nearly 100 appointments available from February – April 2019
➥ Held at UVM Extension Offices in 10 locations
➥ only $25.00
Online Registration Here!

Business Clinics Information Sheet

2018 Farm Bill Becomes Law

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(Betsy Miller, Farm Viability Coordinator)

After months of negotiating the 2018 Farm bill was passed by congress and signed into law by President Trump on December 20, 2018.

The bill has many components relevant to agriculture in Vermont including:

  • Legalization of hemp
  • Changes to the Margin Protection Program (MPP)  for dairy
    • Increased margin up to $9.50
    • Lower premiums for first 5 million pounds of milk from farm
    • Allows for overlap with LGM
    • Refund of portion of premiums paid from 2015 – 2017
  • Changes to NRCS EQIP Programs

For more information regarding specifics of the farm bill follow these links:

https://www.agweb.com/article/the-2018-farm-bill-what-you-need-to-know/

This agweb article includes a table with MPP premium rates.

Senator Leahy has issued a press release on the subject:

https://www.leahy.senate.gov/press/leahy-hails-senate-passage-of-five-year-farm-bill