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USDA/FSA | RIN: 0560-AH83 | Publication ID: Spring 2009 |
Title: Milk Income Loss Contract (MILC) Program | |
Abstract: The final rule implemented the 2008 Farm Bill provisions relating to the Milk Income Loss Contract (MILC) Program. The Farm Bill reauthorizes the program through FY 2012. The rule increased the percentage rate for the payment calculation and increased the payment quantity limitation of eligible pounds of milk per operation beginning in fiscal year 2009; the increased amounts are specified in the 2008 Farm Bill. The final rule also provided for an increase to the MILC payment rate if feed costs increase above a specified level. The feed costs provision is new and required by the 2008 Farm Bill. | |
Agency: Department of Agriculture(USDA) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
Major: No | Unfunded Mandates: No |
CFR Citation: 7 CFR 1430, subpart B (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: PL 110-246 |
Legal Deadline:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Deirdre Holder Branch Chief, Regulatory Analysis and PRA Requirements Branch Department of Agriculture Farm Production and Conservation Business Center, 1400 Independence Avenue SW, Washington, DC 20250-0572 Phone:202 205-5851 Email: deirdre.holder@usda.gov |