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H.R. 5462 · 115th Congress

Dairy Risk Management Act of 2018

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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

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.

What it does: CRS summary · 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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Dairy Risk Management Act of 2018

Latest action (Apr 30, 2018): Referred to the Subcommittee on General Farm Commodities and Risk Management.

Policy area: Agriculture and Food · Origin: House · Introduced: Apr 10, 2018

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.