A bill to establish on a temporary basis a minimum basic formula price for the computation of Class I milk prices.

Summary

Directs the Secretary of Agriculture to establish through December 31, 1991, a minimum basic formula price for Class I (beverage use) milk that shall not be less than the August 1990 price. Pools the proceeds from such formula uniformly among producers. Directs the Secretary to make loan guarantees for facility upgrades through December 31, 1992. Sets forth minimum solid content for beverage milk (whole, lowfat, and skim). Amends the Agricultural Act of 1949 to direct the Commodity Credit Corporation to encourage the export of heifers through the export enhancement program under specified conditions.

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2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 14 March 1991

  Open at official source

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