7 USC 9055 - Production history of participating dairy operations

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

§ 9055.

Production history of participating dairy operations

(a)

Production history

(1)

In general

(2)

Adjustment

(3)

Continued applicability of base production history

(4)

Base production history adjustment for participating dairy operations with production of less than 5,000,000 pounds

(A)

In general

If the amount determined under paragraph (1) is less than 5,000,000 pounds, the production history of the dairy operation for dairy margin coverage shall be equal to—

(i)

the amount determined under paragraph (1); plus

(ii)

75 percent of the amount described in subparagraph (B).

(B)

Amount

The amount referred to in subparagraph (A)(ii) is, with respect to a dairy operation, the amount equal to—

(i)

the production volume of such dairy operation for the 2019 milk marketing year; minus

(ii)

the amount determined under paragraph (1).

(b)

Election by new dairy operations

(1)

Dairy operations with less than 1 year of production history

In the case of a participating dairy operation that has been in operation for less than a year, the participating dairy operation shall elect 1 of the following methods for the Secretary to determine the production history of the participating dairy operation:

(A)

The volume of the actual milk marketings for the months the participating dairy operation has been in operation extrapolated to a yearly amount.

(B)

An estimate of the actual milk marketings of the participating dairy operation based on the herd size of the participating dairy operation relative to the national rolling herd average data published by the Secretary.

(2)

Dairy operations with 1 year or more of production history

(3)

Adjustment

(c)

Required information

(d)

Limitation on changes to business structure

(Pub. L. 113–79, title I, § 1405, Feb. 7, 2014, 128 Stat. 690; Pub. L. 115–123, div. F, § 60101(b)(3), Feb. 9, 2018, 132 Stat. 311; Pub. L. 115–334, title I, § 1401(f), (k)(6), Dec. 20, 2018, 132 Stat. 4513, 4517; Pub. L. 118–22, div. B, title I, § 102(c)(2)(A), Nov. 17, 2023, 137 Stat. 115.)

cite as: 7 USC 9055