Dairy Risk Management Act of 2018
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Apr 10, 2018)
Dairy Risk Management Act of 2018
This bill reauthorizes and modifies the Department of Agriculture (USDA) Margin Protection Program for dairy producers, which is a voluntary program that pays participating dairy operations when a formula-based national margin (the difference between milk prices and feed costs) falls below a producer-selected insured margin.
The bill changes the name of the program to the Dairy Risk Management Program and modifies coverage levels and premiums.
With respect to other USDA dairy programs, the bill:
- reauthorizes the Dairy Forward Pricing Program,
- reauthorizes the Dairy Indemnity Program,
- reauthorizes the Dairy Promotion and Research Program, and
- repeals the Dairy Product Donation Program.
What just happenedApr 30, 2018
Referred to the Subcommittee on General Farm Commodities and Risk Management.
Who’s behind it
- Introduced in HouseApr 10, 2018
- Apr 30, 2018Committee
Referred to the Subcommittee on General Farm Commodities and Risk Management.
General Farm Commodities, Risk Management, and Credit Subcommittee - Apr 10, 2018IntroReferralH11100
Referred to the House Committee on Agriculture.
Agriculture Committee - Apr 10, 2018IntroReferralIntro-H
Introduced in House
- Apr 10, 2018IntroReferral1000
Introduced in House