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Code · BILL · 113th Congress · H.R. 1947 (Introduced in House) — To provide for the reform and continuation of agricultural and other programs of the Department of Agriculture throug... · Sec. 1431

Sec. 1431. Establishment of dairy market stabilization program

205 words·~1 min read·/bill/113/hr/1947/ih/section-1431·

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The Secretary shall establish and administer a dairy market stabilization program applicable to participating dairy producers for the purpose of assisting in balancing the supply of milk with demand when dairy producers are experiencing low or negative operating margins. When a dairy producer signs up under section 1412 to participate in the margin protection program, the dairy producer shall inform the Secretary of the method by which the stabilization program base for the dairy producer for fiscal year 2013 will be calculated under paragraph (3).
A participating dairy producer may change the stabilization program base calculation method to be used for a calendar year by notifying the Secretary of the change not later than a date determined by the Secretary. A participating dairy producer may elect either of the following methods for calculation of the stabilization program base for the producer: The volume of the average monthly milk marketings of the dairy producer for the three months immediately preceding the announcement by the Secretary that the stabilization program will become effective.
The volume of the monthly milk marketings of the dairy producer for the same month in the preceding year as the month for which the Secretary has announced the stabilization program will become effective.
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