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Rule 23 Apr 2025 agriculture, usda, reporting and recordkeeping requirements, risk management, dairy, milk marketing orders, market regulation, pricing contracts

🥛Reauthorization of Dairy Forward Pricing Program Overview

This final rule reauthorizes the Dairy Forward Pricing Program (DFPP) in accordance with the American Relief Act, 2025 (Relief Act). Establishing new contracts under the DFPP was prohibited between the expiration of the program on September 30, 2024, and publication of this final rule. The Relief Act reauthorizes the DFPP program to allow handlers to enter into new contracts until September 30, 2025. Any forward contract entered prior to the September 30, 2025, deadline is subject to a September 30, 2028, expiration date.

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Regulatory Compliance, Financial Impact 17 Jan 2025 agriculture, regulations, usda, reporting and recordkeeping requirements, dairy, milk pricing, fmmo, northeast, milk marketing orders

🥛New Pricing Regulations for Federal Milk Marketing Orders Explained

This final rule amends the pricing provisions in the 11 Federal Milk Marketing Orders (FMMOs). Separate producer referenda held in each of the 11 FMMOs obtained the necessary two-thirds vote in favor of adoption of the amendments as proposed. Accordingly, the Agricultural Marketing Service (AMS) is issuing this final rule amending all 11 FMMOs in accordance with the Agricultural Marketing Agreement Act of 1937, as amended (AMAA).

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