10.141: Dairy Product Price Support Program

10.141

Inactive

Farm Service Agency (FSA) [USDA]

Sept. 19, 2014

Aug. 28, 2013

The purpose of DPPSP is to establish minimum purchase prices to support the price of nonfat dry milk (NDM), butter, and cheddar cheese through purchases of such products made from cows milk produced in the United States (U.S.). The Secretary of Agriculture (Secretary) may increase the purchase prices when it is considered to be appropriate. However to avoid excess inventory the minimum purchase prices can only be temporarily adjusted downward as outline in P.L. 110-246. P.L. 110-246 reauthorized MPSP as DPPSP beginning January 1, 2008 through December 31, 2012. PL 112-240 DPPSP reauthroized DPPSP through December 31, 2013

H - Sale, Exchange, or Donation of Property and Goods

A potential applicant is an eligible offeror who is authorized to enter into a purchase agreement with CCC. A eligible offeror is a person,firm,cooperation, or other legal entity who is the manufacturer of the dairy product offered or a marketing cooperative for the manufacturer. The eligible product must not have been sold before to another party and the eligible offeror must be the manufacturer of the dairy product offered or a marketing cooperative for the manufacturer. An eligible product: 1) must be manufactured from dairy cow's milk produced in the U.S.; 2) purchased only from an eligible offeror; 3) must be USDA inspected; 4) block cheddar cheese must be U.S. Grade A or higher 5) barrel cheese must be U.S. Extra Grade; 6) butter must be U.S. Grade A or higher; 7) NDM must be U.S. Extra Grade 8) CCC may require other terms and conditions of purchase as specified

Agricultural producers and the general public will receive the ultimate benefits from the program because it provides direct assistance and allows CCC to purchase and deliver commodities to the domestic and foreign feeding distribution programs.

10.08