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Code · BILL · 113th Congress · S. 954 (Placed on Calendar Senate) — To reauthorize agricultural programs through 2018. · Sec. 1436

Sec. 1436. Suspension of reduced payment requirement

386 words·~2 min read·/bill/113/s/954/pcs/section-1436

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For purposes of this section: The price in the United States for cheddar cheese and nonfat dry milk shall be determined by the Secretary. The world price of cheddar cheese and skim milk powder shall be determined by the Secretary. The stabilization program shall be suspended or the Secretary shall refrain from making the announcement under section 1432(a) if the Secretary determines that— the actual dairy production margin is greater than $6.00 per hundredweight of milk for 2 consecutive months; the actual dairy production margin is equal to or less than $6.00 (but greater than $5.00) for 2 consecutive months, and during the same 2 consecutive months— the price in the United States for cheddar cheese is equal to or greater than the world price of cheddar cheese; or the price in the United States for nonfat dry milk is equal to or greater than the world price of skim milk powder; the actual dairy production margin is equal to or less than $5.00 (but greater than $4.00) for 2 consecutive months, and during the same 2 consecutive months— the price in the United States for cheddar cheese is more than 5 percent above the world price of cheddar cheese; or the price in the United States for nonfat dry milk is more than 5 percent above the world price of skim milk powder; or the actual dairy production margin is equal to or less than $4.00 for 2 consecutive months, and during the same 2 consecutive months— the price in the United States for cheddar cheese is more than 7 percent above the world price of cheddar cheese; or the price in the United States for nonfat dry milk is more than 7 percent above the world price of skim milk powder.
Effective on the day after the date of the announcement by the Secretary under subsection
(b)of the suspension of the stabilization program, the handler shall cease reducing payments to participating dairy operations under the stabilization program. Upon the announcement by the Secretary under subsection
(b)that the stabilization program has been suspended, the stabilization program may not be implemented again until, at the earliest— 2 months have passed, beginning on the first day of the month immediately following the announcement by the Secretary; and the conditions of section 1432(a) are again met.
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