To amend the Agricultural Act of 2014 to provide support for dairy producers, and for other purposes.
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:
Became Public Law No: 115-334.
Introduced in House
Introduced in House
Referred to the House Committee on Agriculture.
Referred to the Subcommittee on General Farm Commodities and Risk Management.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line