Sec. 1401. Dairy Margin Coverage
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Section 1401 of the Agricultural Act of 2014 ( 7 U.S.C. 9051 ) is amended— in paragraph (3)(C), by inserting premium and supreme before alfalfa ; by redesignating paragraphs
(4)through
(10)as paragraphs
(5)through (11), respectively; and by inserting after paragraph
(3)the following: The term covered production means the covered production elected by a participating dairy operation under section 1406(a)(2). . Section 1402(a)(3) of the Agricultural Act of 2014 ( 7 U.S.C. 9052(a)(3) ) is amended by inserting premium and supreme before alfalfa each place it appears. Section 1404(b) of the Agricultural Act of 2014 ( 7 U.S.C. 9054(b) ) is amended— by striking paragraphs
(2)and
(3)and inserting the following: For the 2025 calendar year, the Secretary shall— open the election period not later than March 2, 2025; and hold that election period open for not less than 90 days. ; and by redesignating paragraphs
(4)and
(5)as paragraphs
(3)and (4), respectively. Section 1405 of the Agricultural Act of 2014 ( 7 U.S.C. 9055 ) is amended— by striking subsection
(a)and inserting the following: Subject to subsections
(c)and (d), with respect to a dairy operation that was in operation for at least 1 of the full 2021, 2022, and 2023 calendar years, the production history of the dairy operation for dairy margin coverage shall be equal to the highest annual milk marketings of the participating dairy operation during any 1 of the 2021, 2022, and 2023 calendar years. ; in subsection (b)— in paragraph (1), in the matter preceding subparagraph (A), by striking In the case and inserting Subject to subsections
(c)and (d), in the case ; in paragraph (2)— by striking In the case and inserting Subject to subsections
(c)and (d), in the case ; by striking prior to January 1, 2014, and inserting for at least 1 of the full 2021, 2022, and 2023 calendar years, ; and by inserting beginning after December 31, 2023, after 1 calendar year ; and by striking paragraph (3); by redesignating subsections
(c)and
(d)as subsections
(e)and (f), respectively; and by inserting after subsection
(b)the following: The Secretary shall adjust the production history of a participating dairy operation determined under subsection
(a)or
(b)to reflect any increase in the national average milk production relative to the calendar year used to establish the production history of the participating dairy operation. A production history established for a dairy operation under subsection
(a)or
(b)shall be the base production history for the dairy operation in subsequent years (as adjusted under subsection (c)). . Section 1406(a) of the Agricultural Act of 2014 ( 7 U.S.C. 9056(a) ) is amended— in paragraph (1)— in subparagraph (B), by striking under paragraph
(2); and in subparagraph (C), by striking 5,000,000 each place it appears and inserting 6,000,000 ; and in paragraph (2), by striking annually elect and inserting establish the covered production by annually electing . Section 1407 of the Agricultural Act of 2014 ( 7 U.S.C. 9057 ) is amended— in subsection (b)— in the subsection heading, by striking and inserting 5,000,000 pounds of production ; 6,000,000 pounds of covered production in paragraph (1)— by striking 5,000,000 and inserting 6,000,000 ; and by striking production history and inserting covered production ; and in paragraph (2), by striking subsection
(g)and inserting subsection
(f); in subsection (c)— in the subsection heading, by striking and inserting production in excess of 5,000,000 ; covered production in excess of 6,000,000 in paragraph (1)— by striking 5,000,000 and inserting 6,000,000 ; and by striking production history and inserting covered production ; and in paragraph (2), by striking subsection
(g)and inserting subsection
(f); by striking subsection (f); by redesignating subsection
(g)as subsection (f); and in subsection
(f)(as so redesignated)— in paragraph (1)— by striking 2019 through 2023 and inserting 2025 through 2029 ; and by striking 2019. and inserting 2025. ; and in paragraph (2), by striking 2023 each place it appears and inserting 2029 . Section 1409 of the Agricultural Act of 2014 ( 7 U.S.C. 9059 ) is amended by striking 2023 and inserting 2029 . The amendments made by this section shall take effect on January 1, 2025.
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U.S. Code
- Definitions§ 9051
- Calculation of average feed cost and actual dairy production margins§ 9052
- Participation of dairy operations in dairy margin coverage§ 9054
- Production history of participating dairy operations§ 9055
- Dairy margin coverage payments§ 9056
- Premiums for dairy margin coverage§ 9057
- Duration§ 9059
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Sec. 1401
Dairy Margin Coverage
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