3.0.0 2555 2023-01-11T13:39:59Z 2023-01-11T13:39:59Z Senate S 2018-03-14 115 ssaf00 Agriculture, Nutrition, and Forestry Committee Senate Standing Referred to 2018-03-14T23:00:31Z 2018-03-14 ssaf00 Agriculture, Nutrition, and Forestry Committee Senate Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. IntroReferral 2018-03-14 Introduced in Senate IntroReferral 10000 9 Library of Congress G000555 Sen. Gillibrand, Kirsten E. [D-NY] Kirsten Gillibrand D NY E. N W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2018-04-17 False Agriculture and Food Agricultural prices, subsidies, credit Public contracts and procurement Agriculture and Food 00 2018-03-14 Introduced in Senate 2018-10-12T18:19:27Z 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.)

]]> Dairy Farm Sustainability Act of 2018 Display Title Dairy Farm Sustainability Act of 2018 Official Title as Introduced A bill to amend the Agricultural Act of 2014 to establish the Dairy Farm Sustainability Price Loss Coverage Program, and for other purposes. Introduced in Senate IS Short Titles as Introduced Dairy Farm Sustainability Act of 2018 Introduced in Senate 2018-03-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s2555is/xml/BILLS-115s2555is.xml 2018-03-14 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.