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7 U.S. Code § 9057

Premiums for dairy margin coverage

7 U.S. Code § 9057. Premiums for dairy margin coverage

(a) Calculation of premiumsFor purposes of participating in dairy margin coverage, a participating dairy operation shall pay an annual premium equal to the product obtained by multiplying—
(1)
the coverage percentage elected by the participating dairy operation under section 9056(a)(2) of this title;
(2)
the production history of the participating dairy operation; and
(3)
the premium per hundredweight of milk imposed by this section for the coverage level selected.
(b) Tier I: premium per hundredweight for first 5,000,000 pounds of production
(1) In general
For the first 5,000,000 pounds of milk marketings included in the production history of a participating dairy operation, the premium per hundredweight for each coverage level is specified in the table contained in paragraph (2).
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