A bill to revise the price support rate for dairy.
Dairy Farm Maintenance Act of 1988 - Amends the Agricultural Act of 1949 to direct the Secretary of Agriculture to increase milk price support levels by 50 cents. Authorizes for 1989 and 1990: (1) 50 cent reductions if estimated milk and milk product purchases exceed 8,000,000,000 pounds; and (2) 25 cent reductions if such estimates exceed 5,000,000,000 pounds. (Current law required 50 cent reductions if estimated purchases exceed 5,000,000,000 pounds.)
Introduced in Senate
Read twice and referred to the Committee on Agriculture.
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