New Hampshire Bill Targets $2 million to Dairy Farmers
Some $2 million in relief for drought- and financially-stressed dairy farmers started to make its way through the New Hampshire Senate this week.
The funds, if approved, would be given to the state’s Milk Producer Emergency Relief Fund, reports the Concord Monitor. The intent is to have funds distributed to farmers by March 15.
Licensed dairy farms shrunk from 123 to 115 last year, in part due to the drought that dried up forage supplies and low milk prices. An original version of the bill provided funding using a somewhat complicated formula.
The new version, presented yesterday, would be able to get money to farmers quickly. The amended version requires farmers stay in business for five years. If they don’t, the relief funds would have to be repaid.