# Gillibrand proposal adds milk price floor, MILC-type payments -  | Ag Proud

> Senator Kirsten Gillibrand proposed the Dairy Farm Sustainability Act, which would pay farmers 45 percent of the gap when the all-milk price falls below $23.34 per cwt. The plan would work alongside MPP-Dairy and would be included in the 2018 Farm Bill.

- Date: 2018-03-14 · published 2018-03-14T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/66148-gillibrand-proposal-adds-milk-price-floor-milc-type-payments-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

This is a proposal rather than enacted policy, so it has limited near-term effect on milk supply or feed demand, though it could support dairy herd retention over time.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2018-05-31 | [MPP-Dairy: The deadline is now; payments already guaranteed for February through April -  \| Ag Proud](https://feedsoft.ai/events/9760-mpp-dairy-the-deadline-is-now-payments-already-guaranteed-for-february-through.md) | +0.9% | +0.4% |
| MILK | 2018-05-02 | [May dairy economic update: MPP-Dairy can provide guaranteed payments, positive program cash flow at highest margin -  \| Ag Proud](https://feedsoft.ai/events/5127-may-dairy-economic-update-mpp-dairy-can-provide-guaranteed-payments-positive.md) | +5.1% | +4.5% |
| MILK | 2024-07-15 | [Milk in the Northeast and Other Marketing Areas; Proposed Amendments to Marketing Agreements and Orders \| 89 FR 57580](https://feedsoft.ai/events/29418-milk-in-the-northeast-and-other-marketing-areas-proposed-amendments-to.md) | +0.5% | +3.6% |
| MILK | 2025-06-19 | [Economic Update: July’s Class I base milk price climbs to $18.82 per cwt \| Ag Proud](https://feedsoft.ai/events/24219-economic-update-july-s-class-i-base-milk-price-climbs-to-18-82-per-cwt-ag-proud.md) | +0.5% | -6.5% |
| MILK | 2021-05-06 | [Dairy farmer groups propose  Class III Plus for better milk pricing](https://feedsoft.ai/events/47240-dairy-farmer-groups-propose-class-iii-plus-for-better-milk-pricing.md) | -0.4% | -9.6% |

## Sources

- agproud.com: https://www.agproud.com/articles/31142-gillibrand-proposal-adds-milk-price-floor-milc-type-payments

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
