118th Congress · HOUSE BILLBILL

H.R. 4125Dairy Farm Resiliency Act

To amend the Agricultural Act of 2014 with respect to the dairy margin coverage program, and for other purposes.

Agriculture and food
Introduced Jun 14, 2023
Last action Jul 28, 2023
Pipeline · Bill → Law
Step 1
Introduced
Jun 14, 2023
Step 2
Referred
Jul 28, 2023
Agriculture
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill updates the Dairy Margin Coverage (DMC) program. (The DMC program was enacted in the 2018 farm bill to support dairy operations by allowing producers to buy a guaranteed margin for their milk production. The margin is the difference between the Department of Agriculture's [USDA's] national all milk price and a calculated feed cost, which provides producers optional risk protection on price and feed costs.) The bill requires that a dairy operation's production history for DMC be based on the most recent three-year history and be recalculated every five years. (A participating dairy producer must have an established milk production history with USDA's Farm Service Agency.) The bill...

Provisions · 2 sectionsIntroduced in House
Timeline · 3 actions
Jul 28, 2023
Referred to the Subcommittee on Livestock, Dairy, and Poultry.
Jun 14, 2023
Introduced in House
Jun 14, 2023
Referred to the House Committee on Agriculture.