The O DAIRY Act of 2023, also known as Bill 118 s 3097, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to provide support and assistance to dairy farmers across the country.
The O DAIRY Act aims to address several key issues facing the dairy industry, including declining milk prices, increasing production costs, and competition from imported dairy products. The bill proposes a number of measures to help dairy farmers, such as providing financial assistance, expanding access to markets, and promoting research and innovation in the industry.
One of the key provisions of the O DAIRY Act is the establishment of a Dairy Margin Coverage program, which would provide dairy farmers with financial assistance to help offset the costs of production. The bill also includes provisions to improve access to credit for dairy farmers, as well as measures to promote the consumption of dairy products both domestically and internationally.
Overall, the O DAIRY Act of 2023 aims to support and strengthen the dairy industry in the United States, ensuring that dairy farmers have the resources and support they need to thrive in an increasingly competitive market.