S.670 - Dairy Pricing Reform Act of 2013113th Congress (2013-2014)
|Sponsor:||Sen. Gillibrand, Kirsten E. [D-NY] (Introduced 04/09/2013)|
|Committees:||Senate - Agriculture, Nutrition, and Forestry|
|Latest Action:||04/09/2013 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (All Actions)|
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Summary: S.670 — 113th Congress (2013-2014)All Information (Except Text)
Introduced in Senate (04/09/2013)
Dairy Pricing Reform Act of 2013 - Directs the Secretary of Agriculture (USDA) to use a pre-hearing public information session to determine whether to conduct a formal hearing to consider alternative formulas for Class III milk product pricing.
Directs the Secretary to conduct hearings to: (1) analyze the implications of transitioning from a four-class system for milk products to a two-class system, (2) explore methods to improve signals for price discovery to allow dairy producers to better use risk management tools, and (3) assess whether a two-class competitive pay pricing system for milk products would be more or less transparent than the existing system.