The dairy farmer owners of Associated Milk Producers Incorporated are getting a financial boost. Payments, normally mailed out in December, are being mailed ahead of schedule to help dairy farmers weather difficult economic times. Members are receiving $2.1 million in past earnings from the cooperative.
Rice Lake, Wisc. dairy farmer and AMPI chairman Paul Toft announced the board's vote to move up payments normally made in December. "AMPI has long been recognized for its timely equity revolvements," Toft said. "We're living up to our reputation, he said. The June payout is a portion of the projected equity payments AMPI members will receive in 2009."
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