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U.S Code last checked for updates: Nov 23, 2024
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Title 7
Chapter 115
Subchapter III
Part A
Subchapter II - MARKETING LOANS...
§ 9052. Calculation of average f...
Subchapter II - MARKETING LOANS...
§ 9052. Calculation of average f...
U.S. Code
Notes
§ 9051.
Definitions
In this part:
(1)
Actual dairy production margin
(2)
All-milk price
(3)
Average feed cost
The term “average feed cost” means the average cost of feed used by a dairy operation to produce a hundredweight of milk, determined under
section 9052 of this title
using the sum of the following:
(A)
The product determined by multiplying 1.0728 by the price of corn per bushel.
(B)
The product determined by multiplying 0.00735 by the price of soybean meal per ton.
(C)
The product determined by multiplying 0.0137 by the price of alfalfa hay per ton.
(4)
Dairy operation
(A)
In general
The term “dairy operation” means, as determined by the Secretary, 1 or more dairy producers that produce and market milk as a single dairy operation in which each dairy producer—
(i)
shares in the risk of producing milk; and
(ii)
makes contributions (including land, labor, management, equipment, or capital) to the dairy operation of the individual or entity, which are at least commensurate with the individual or entity’s share of the proceeds of the operation.
(B)
Additional ownership structures
(5)
Dairy margin coverage
(6)
Dairy margin coverage payment
(7)
Participating dairy operation
(8)
Production history
(9)
Secretary
(10)
United States
(
Pub. L. 113–79, title I, § 1401
,
Feb. 7, 2014
,
128 Stat. 688
;
Pub. L. 115–123, div. F, § 60101(b)(1)(A)
,
Feb. 9, 2018
,
132 Stat. 311
;
Pub. L. 115–334, title I
, §§ 1401(k)(2), 1404(b)(2),
Dec. 20, 2018
,
132 Stat. 4516
, 4521.)
cite as:
7 USC 9051
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