Vermont H0475 establishes a tiered pricing system for milk production based on production costs and market pricing.

Vermont H0475 proposes to implement a tiered pricing system for milk production to ensure milk handlers pay an equitable minimum price to producers. The pricing would be based on the producers' cost of production, including environmental compliance costs unique to Vermont. If market pricing under the Federal Milk Market Order does not cover these costs, an over order price enhancement would be paid to Vermont milk producers. The bill also establishes production tiers for small, medium, and large farms to prevent overproduction incentives.

Vermont H0475 establishes a tiered pricing system for milk production based on production costs and market pricing.

Vermont H0475 proposes to implement a tiered pricing system for milk production to ensure milk handlers pay an equitable minimum price to producers. The pricing would be based on the producers' cost of production, including environmental compliance costs unique to Vermont. If market pricing under the Federal Milk Market Order does not cover these costs, an over order price enhancement would be paid to Vermont milk producers. The bill also establishes production tiers for small, medium, and large farms to prevent overproduction incentives.