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

🥛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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