7 U.S.C. § 9057
For purposes of participating in dairy margin coverage, a participating dairy operation shall pay an annual premium equal to the product obtained by multiplying-
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).
Except as provided in subsection (g), the following annual premiums apply:
| Coverage Level | Premium per Cwt. |
| $4.00 | None |
| $4.50 | $0.0025 |
| $5.00 | $0.005 |
| $5.50 | $0.030 |
| $6.00 | $0.050 |
| $6.50 | $0.070 |
| $7.00 | $0.080 |
| $7.50 | $0.090 |
| $8.00 | $0.100 |
| $8.50 | $0.105 |
| $9.00 | $0.110 |
| $9.50 | $0.150 |
For milk marketings in excess of 5,000,000 pounds 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).
Except as provided in subsection (g), the following annual premiums apply:
| Coverage Level | Premium per Cwt. |
| $4.00 | None |
| $4.50 | $0.0025 |
| $5.00 | $0.005 |
| $5.50 | $0.100 |
| $6.00 | $0.310 |
| $6.50 | $0.650 |
| $7.00 | $1.107 |
| $7.50 | $1.413 |
| $8.00 | $1.813 |
The Secretary shall provide more than 1 method by which a participating dairy operation may pay the premium required under this section in any manner that maximizes participating dairy operation payment flexibility and dairy margin coverage integrity.
In the case of a participating dairy operation that first registers to participate in dairy margin coverage for a calendar year after the start of the calendar year, the participating dairy operation shall pay a pro-rated premium for that calendar year based on the portion of the calendar year for which the participating dairy operation purchases the coverage.
A participating dairy operation in dairy margin coverage for a calendar year shall be legally obligated to pay the applicable premium for that calendar year, except that the Secretary may waive that obligation, under terms and conditions determined by the Secretary, for any participating dairy operation in the case of death, retirement, permanent dissolution of a participating dairy operation, or other circumstances as the Secretary considers appropriate to ensure the integrity of dairy margin coverage.
Each dairy operation described in paragraph (2) shall be eligible to receive a repayment from the Secretary in an amount equal to the difference between-
A dairy operation that is eligible to receive a repayment under paragraph (1) is a dairy operation that-
A dairy operation that is eligible to receive a repayment under paragraph (1) shall elect to receive the repayment-
Paragraph (1) shall only apply to a calendar year during the period of calendar years 2014 through 2017 for which the amount described in subparagraph (A) of that paragraph is greater than the amount described in subparagraph (B) of that paragraph.
The premium per hundredweight specified in the tables contained in subsections (b) and (c) for each coverage level shall be reduced by 25 percent in accordance with the following:
For each of calendar years 2019 through 2023, for a participating dairy operation that makes a 1-time election of coverage level in a tier and of a percentage of coverage under section 9056(a) of this title for the 5-year period beginning in January 2019.
For each applicable calendar year through 2023, for a participating dairy operation that-
Notwithstanding the annual elections under section 9056(a) of this title-
7 U.S.C. § 9057
EDITORIAL NOTES
AMENDMENTS2018- Pub. L. 115-334, §1401(k)(8)(A), substituted "dairy margin coverage" for "margin protection program" in section catchline.Subsec. (a). Pub. L. 115-334, §1401(k)(8)(B), substituted "dairy margin coverage" for "the margin protection program" in introductory provisions. Subsec. (b). Pub. L. 115-123, §60101(b)(4)(A)(i), substituted "Tier I: premium per hundredweight for first 5,000,000 pounds of production" for "Premium per hundredweight for first 4 million pounds of production" in heading. Subsec. (b)(1). Pub. L. 115-123, §60101(b)(4)(A)(ii), substituted "5,000,000" for "4,000,000". Subsec. (b)(2). Pub. L. 115-334, §1401(h)(1), added par. (2) and struck out former par. (2) which set forth table of annual premiums, applicable except as provided in par. (3). Pub. L. 115-123, §60101(b)(4)(A)(iii), in Premium per Cwt. column of table, substituted "None" for "$0.010", "None" for "$0.025", "$0.009" for "$0.040", "$0.016" for "$0.055", "$0.040" for "$0.090", "$0.063" for "$0.217", "$0.087" for "$0.300", and "$0.142" for "$0.475".Subsec. (b)(3). Pub. L. 115-334, §1401(h)(1), struck out par. (3). Text read as follows: "The premium per hundredweight specified in the table contained in paragraph (2) for each coverage level (except the $8.00 coverage level) shall be reduced by 25 percent for each of calendar years 2014 and 2015." Subsec. (c). Pub. L. 115-123, §60101(b)(4)(B)(i), substituted "Tier II: premium per hundredweight for production in excess of 5,000,000 pounds" for "Premium per hundredweight for production in excess of 4 million pounds" in heading.Subsec. (c)(1). Pub. L. 115-123, §60101(b)(4)(B)(ii), substituted "5,000,000" for "4,000,000". Subsec. (c)(2). Pub. L. 115-334, §1401(h)(2), added par. (2) and struck out former par. (2) which set forth table of annual producer premiums.Subsec. (d). Pub. L. 115-334, §1401(k)(8)(C), substituted "dairy margin coverage integrity" for "program integrity".Subsec. (e). Pub. L. 115-334, §1401(k)(8)(D)(i), substituted "in dairy margin coverage" for "in the margin protection program" in two places.Subsec. (e)(2). Pub. L. 115-334, §1401(k)(8)(D)(ii), substituted "integrity of dairy margin coverage" for "integrity of the program".Subsec. (f). Pub. L. 115-334, §1401(i), added subsec. (f).Subsec. (g). Pub. L. 115-334, §1401(j), added subsec. (g).
STATUTORY NOTES AND RELATED SUBSIDIARIES
EFFECTIVE DATE OF 2018 AMENDMENT Amendment by Pub. L. 115-334 effective on Jan. 1, 2019, see section 1401(m) of Pub. L. 115-334 set out as a note under section 9051 of this title.Amendment by Pub. L. 115-123 applicable beginning with the 2018 calendar year, see section 60101(b)(5) of Pub. L. 115-123 set out as a note under section 9051 of this title.
AVAILABILITY OF PREMIUM DISCOUNT Pub. L. 118-22, div. B, title I, §102(c)(2)(B)(ii), Nov. 17, 2023, 137 Stat. 115, provided that: "With respect to coverage for calendar year 2024, section 1407(g) of the Agricultural Act of 2014 (7 U.S.C. 9057(g)) shall only apply to a participating dairy operation with respect to which the premium was reduced in accordance with that section for calendar year 2023."