Dairy Farmer Tax Credit Program
Massachusetts offers dairy farms a tax credit based on milk production to stabilize income and maintain industry viability during periods of low milk prices.
Funder: Massachusetts Department of Agricultural Resources
Due Dates (Anticipated): January 2027: Completed Disclosure Statement and all paperwork deadline | January 2027: Additional Production Report deadline for producer-dealers/raw milk | January 2027: DUA Certificate of Compliance submission deadline
Funding Amounts: Refundable state tax credit; total program cap: $8,000,000/year; amount per farm based on milk produced/sold and market pricing.
Summary: Provides Massachusetts dairy farms with a state income tax credit to offset downturns in milk prices and stabilize farm income.
Key Information: All deadlines are anticipated/projected—confirm with program page before applying.
Description
The program offers a refundable Massachusetts state income tax credit to registered dairy farms to help offset the financial impact of cyclical downturns in milk prices. By providing this safety net, the program aims to stabilize farm income when milk prices fall below a set trigger price or production costs rise. The credit is calculated based on the volume of milk produced and sold by the farm during the tax year. The program is intended to ensure the continued viability of the Massachusetts dairy industry in the face of market volatility.
