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Dairy Options Pilot Program

Published on AidPage by IDILOGIC on Jun 24, 2005

Administered by:

US Federal Government Agency (see all agencies)
Department of Agriculture , Risk Management Agency
CFDA #: 10.454

Program accomplishments...

In DOPP Round I, 1,450 dairy producers were trained; 428 of those dairy producers bought 1,700 milk put options. During DOPP Round II, 1,226 dairy producers were trained; 129 of those dairy producers bought 310 milk put options due to low prices. An increased number of dairy producers attended training during Round III; 790 of those dairy producers bought 2,816 milk put options.