Fair Milk Pricing for Farmers Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
This bill aims to improve transparency in the dairy industry by requiring manufacturers to report detailed information about their production costs and product yields to the USDA. The USDA will then compile this data into regular reports, providing insights into the economics of dairy processing. This increased data collection is intended to support fairer milk pricing for farmers. The bill modifies existing reporting requirements within the Agricultural Marketing Act.
Key provisions
- Manufacturers must report production costs and product yields to the USDA.
- Reporting requirements apply to all products processed within the same facility.
- The USDA must publish reports containing the collected data.
- Reports will be published every two years.
- The USDA Secretary will determine the methodology for calculating production costs.
- The bill amends the Agricultural Marketing Act of 1946.
- The reporting requirements are effective three years after the bill’s enactment.
Who is affected
- Dairy Manufacturers
- The United States Department of Agriculture (USDA)
- Dairy Farmers
Notable changes
- Requires manufacturers to report production cost and yield data, expanding upon existing reporting requirements.
- Mandates regular USDA publication of reports based on the collected data.
Bill text
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Sponsors
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18 on record
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