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Dairy Forward Pricing Program
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The Dairy Forward Pricing Program allows farmers to voluntarily enter into forward price contracts with handlers for pooled milk used for Class II, III, or IV purposes under the Federal Milk Marketing Orders. The program allows regulated handlers to pay farmers in accordance with the terms of a forward contract instead of paying the minimum Federal order blend price for pooled milk.
Extension of Dairy Forward Pricing Program
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Dairy Forward Pricing Pilot Program
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- Information for the Complete Program Period, September 2000 through December 2004 [PDF] Dairy Programs continued to collect data concerning the Dairy Forward Pricing Program after submission of a report to Congress, A Study of the Dairy Forward Pilot Program and Its Effect on Prices Paid Producers for Milk, October 2002 (See below). The study period for that report ended in March 2002. The tables and figures in this file present data covering the period from September 2000 through the end of the program on December 31, 2004.
- Final Rule for Dairy Forward Pricing Pilot Program [published in the July 18, 2000, Federal Register] [PDF] SUMMARY: The Agricultural Marketing Service has implemented a pilot program which exempts handlers regulated under the Federal milk order program from paying producers and cooperative associations the minimum Federal order price(s) for that portion of their milk that is under forward contract. The pilot program, which was mandated by a November 1999 amendment to the Agricultural Marketing Agreement Act of 1937, will expire on December 31, 2004.
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