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* OPTION 1: (Cost = $638-$700 Million Per Year)
Increase Dairy Price Support To $12.50 Per Hundredweight
Limit Government Purchases To 3 Percent Of Production Or Utilization
Producer-Financed Purchases: Assessment Of $0.25 Per CWT For Those Who Produce More Than 2.6 Million Pounds And Increase By More Than 2 Percent
All Purchases Used For Humanitarian Assistance And Nutrition Programs
* OPTION 2: (Cost = $2.3-$3.1 Billion Per Year)
Maintain Current Support Level, Implement Purchase Programs
Establish Target Price At 80 Percent Of Full Economic Cost Of Milk Production
Deficiency Payments Equal Difference Between Target Price And Base Price For Class III Or Class IV Milk
Eligibility: Produce Less Than 2.6 Million Pounds Or Limit Production Increases To 102 Percent Of Prior Year Production
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| Texas Farmers Union, P.O. Box 7276, Waco, Tx 76714-7276 |
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