Distribute pandemic marketvolatility assistance program monies to dairy farmers who received alower value due to market abnormalities caused by the pandemic andensuing federal policies

The Department of Agriculture Agricultural Marketing Service awarded a $1.2 million cooperative agreement to Lanco Dairy Farms Co-Op, Inc. under the Pandemic Market Volatility Assistance Program. The purpose of the award is to distribute Pandemic Market Volatility Assistance Program monies to dairy farmers who received a lower value due to market abnormalities caused by the pandemic and ensuing federal policies. Lanco Dairy Farms Co-Op, Inc. will disburse PMVAP funds to eligible producers, obtain adjusted gross income attestations, issue 1099-MISC forms reflecting payments, provide documentation that payments complied with program rules, and deliver dairy policy education to eligible producers. All PMVAP funds must be distributed to eligible dairy farmers and education efforts documented by the June 30, 2022 completion date. There are no subrecipient activities associated with this award.

Recipients will disburse pmvap monies toeligible producers. In additional, recipients must obtain adjustedgross income attestations from eligible producers, issue 1099-misc toeach producer reflecting their pmvap payment, provide documentationpayments were made in accordance to program rules, and provide dairypolicy education to eligible producers. Recipients will disburse allpmvap monies to eligible producers, provide and document dairy policyeducation efforts, and be subject to payment verification by USDA staff.dairy farmers whose milk we marketed to a federal milk marketing orderregulated handler during july through december 2020 are the intendedbeneficiaries. There are no subrecipient activities.