7 USC 8772 - Dairy forward pricing program

U.S Code last checked for updates: Nov 23, 2024

§ 8772.

Dairy forward pricing program

(a)

Program required

(b)

Minimum milk price requirements

Payments made by milk handlers to milk producers and cooperative associations of producers, and prices received by milk producers and cooperative associations, in accordance with the terms of a forward price contract authorized by subsection (a), shall be treated as satisfying—

(1)

all uniform and minimum milk price requirements of subparagraphs (B) and (F) of paragraph (5) of section 608c of this title; and

(2)

the total payment requirement of subparagraph (C) of that paragraph.

(c)

Milk covered by program

(1)

Covered milk

The program shall apply only with respect to the marketing of federally regulated milk that—

(A)

is not classified as Class I milk or otherwise intended for fluid use; and

(B)

is in the current of interstate or foreign commerce or directly burdens, obstructs, or affects interstate or foreign commerce in federally regulated milk.

(2)

Relation to Class I milk

(d)

Voluntary program

(1)

In general

(2)

Pricing

(3)

Complaints

(A)

In general

(B)

Action

(e)

Duration

(1)

New contracts

(2)

Application

(Pub. L. 110–234, title I, § 1502, May 22, 2008, 122 Stat. 991; Pub. L. 110–246, § 4(a), title I, § 1502, June 18, 2008, 122 Stat. 1664, 1720; Pub. L. 113–79, title I, § 1424, Feb. 7, 2014, 128 Stat. 695; Pub. L. 115–334, title I, § 1402(a), Dec. 20, 2018, 132 Stat. 4518; Pub. L. 118–22, div. B, title I, § 102(c)(2)(C), Nov. 17, 2023, 137 Stat. 116.)

cite as: 7 USC 8772