Proposed MILC Trigger Price Adjuster Under New Farm Bill Explained

Posted by Brian Gould Wed, 14 May 2008 13:39:00 GMT

Under the proposed 2007 Farm Bill, the MILC payment will change depending on the level of the costs of a 16% dairy ration. The formula used to determine these adjustments are explained by Prof. Ed Jesse of the Department of Agricultural and Applied Economics.