National Milk Producers Federation (NMPF) is pushing hard for its Foundations for the Future (FFTF) program. Colin Peterson is their guy in congress who will make this happen.
NMPF plans to have legislation introduced in the spring.
At this point, the plan seems to be an effort to make certain nothing significant happens. That is probably the exciting part to Peterson. There is no change is price discovery, the insurance program is really all it boils down to. With no change in the power of the CME, why should the "market" give a decent price. However, it is not likely the additional insurance coverage will be as cheap as man may think once the payment to farmers becomes habitual.
Many details are yet to be revealed like other programs roping in dairy farmers. But, Kozak is determined to move full speed ahead.
The sad part is there is an obligation for those at the top to do more. Maybe this is just a mirror image of those on the bottom thinking someone else should do something about their low milk checks. The con game flourishes on few details and much ignorance.