Rep. Bernie Sanders, I-Vt., has introduced legislation that he hopes will help dairy producers.
Called the National Dairy Equity Act, the bill establishes five regional marketing regions for dairy. Each region would have a minimum price for Class I milk. Then when the market falls below that level, processors would pay the difference into a regional pool. From there the money would be divided and sent to producers in the respective regions.
In addition, the government would kick in some money to help compensate producers when milk prices are low. Sanders contends that under his plan the cost to the government would be less that what the current subsidy program has cost.