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A bill to amend the Agricultural Act of 2014 to establish the Dairy Farm Sustainability Price Loss Coverage Program, and for other purposes.

USA115th CongressS-2555| Senate 
| Updated: 3/14/2018
Kirsten E. Gillibrand

Kirsten E. Gillibrand

Democratic Senator

New York

Cosponsors (1)
Elizabeth Warren (Democratic)

Agriculture, Nutrition, and Forestry Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Dairy Farm Sustainability Act of 2018 This bill amends the Agricultural Act of 2014 to establish a Dairy Farm Sustainability Price Loss Coverage Program. Dairy operations that enter into contracts under the program are eligible to receive payments from the Department of Agriculture (USDA) when milk prices fall below the minimum milk price. The bill specifies that the minimum milk price is $23.34 per hundredweight of milk and requires USDA to adjust the limit for inflation for each half of each calendar year. The bill also reauthorizes the existing Dairy Margin Protection Program through 2023. (The program is a voluntary program that makes payments to participating dairy operations when a formula-based national margin [the difference between the national all milk price and the national average feed cost] falls below a producer-selected insured margin.)
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Timeline
Mar 14, 2018
Introduced in Senate
Mar 14, 2018
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
  • March 14, 2018
    Introduced in Senate


  • March 14, 2018
    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Agriculture and Food

Agricultural prices, subsidies, creditPublic contracts and procurement

A bill to amend the Agricultural Act of 2014 to establish the Dairy Farm Sustainability Price Loss Coverage Program, and for other purposes.

USA115th CongressS-2555| Senate 
| Updated: 3/14/2018
Dairy Farm Sustainability Act of 2018 This bill amends the Agricultural Act of 2014 to establish a Dairy Farm Sustainability Price Loss Coverage Program. Dairy operations that enter into contracts under the program are eligible to receive payments from the Department of Agriculture (USDA) when milk prices fall below the minimum milk price. The bill specifies that the minimum milk price is $23.34 per hundredweight of milk and requires USDA to adjust the limit for inflation for each half of each calendar year. The bill also reauthorizes the existing Dairy Margin Protection Program through 2023. (The program is a voluntary program that makes payments to participating dairy operations when a formula-based national margin [the difference between the national all milk price and the national average feed cost] falls below a producer-selected insured margin.)
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 14, 2018
Introduced in Senate
Mar 14, 2018
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
  • March 14, 2018
    Introduced in Senate


  • March 14, 2018
    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Kirsten E. Gillibrand

Kirsten E. Gillibrand

Democratic Senator

New York

Cosponsors (1)
Elizabeth Warren (Democratic)

Agriculture, Nutrition, and Forestry Committee

Agriculture and Food

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Agricultural prices, subsidies, creditPublic contracts and procurement