US Congress Senate Bill 2555 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on March 14 2018 - 25% progression, died in committee
Action: 2018-03-14 - Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Pending: Senate Agriculture, Nutrition, And Forestry Committee
Text: Latest bill text (Introduced) [PDF]

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

Sen. Kirsten Gillibrand [D-NY]

Sen. Elizabeth Warren [D-MA]

Date	Chamber	Action
2018-03-14	Senate	Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/senate-bill/2555/all-info
Text	https://www.congress.gov/115/bills/s2555/BILLS-115s2555is.pdf