TeachMeFinance.com - explain Dairy Market Loss Assistance Program (DMLA)
Dairy Market Loss Assistance Program (DMLA) The term 'Dairy Market Loss Assistance Program (DMLA) ' as it applies to the area of agriculture can be defined as ' A program announced March 8, 1999, that makes direct payments to dairy farmers on the first 26,000 hundredweight of milk marketed during 1997 or 1998. The actual payment rate will be determined after signup by dividing $200 million by the total eligible milk. This program was authorized by the emergency provisions of the FY1999 USDA appropriations act (P.L. 105-277, October 21, 1998)'.
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