U.S. Dairy Support Programs: Farm Bill Provisions & Gross Margin-Dairy Insurance

The 2014 Farm Bill makes significant changes to the structure of U.S. dairy support programs, including the elimination of several major price and income support programs from the 2008 Farm Bill, the extension of several smaller dairy programs, and the addition of two new programs, the Margin Protection Program and the Dairy Product Donation Program. This book describes the major dairy provisions contained in the 2014 Farm Bill as well as Congressional Budget Office cost projections of historical program outlays compared with outlays under the new dairy programs. The book also includes a discussion of potential issues related to the new dairy policies.