HR 4125 118th Congress House Agriculture and Food Agricultural prices, subsidies, credit Agricultural trade Food supply, safety, and labeling Livestock

Dairy Farm Resiliency Act

Introduced: June 14, 2023 See on congress.gov

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 28, 2023

Referred to the Subcommittee on Livestock, Dairy, and Poultry.

Jun 14, 2023

Referred to the House Committee on Agriculture.

Jun 14, 2023

Introduced in House

Plain-English summary Congressional Research Service

Dairy Farm Resiliency Act

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 also increases Tier 1 margin coverage for annual milk production to 6 million pounds or less (currently 5 million pounds or less) and Tier 2 margin coverage to over 6 million pounds (currently over 5 million pounds).

What's happening now July 28, 2023

Referred to the Subcommittee on Livestock, Dairy, and Poultry.

Committees of jurisdiction 2