§1430.400. Purpose.
7 C.F.R. § 1430.400
The regulations in this subpart apply to the Dairy Margin Coverage (DMC) Program that replaces the Margin Protection Program for Dairy (MPP-Dairy) in subpart A. The purpose of DMC is to provide eligible dairy producers risk protection against low margins resulting from a combination of low milk prices and high feed costs.
Notes, amendments, and revision history
Source
Source: 84 FR 28176, June 18, 2019, unless otherwise noted.
Authority
Authority: 7 U.S.C. 9051-9060 and 9071 and 15 U.S.C. 714b and 714c.