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Dairy Options Pilot Program

Published on AidPage by IDILOGIC on Jun 24, 2005

Administered by:

US Federal Government Agency (see all agencies)
Department of Agriculture , Risk Management Agency
CFDA #: 10.454

Possible uses and use restrictions...

Funds will be used to share the cost of premium for 'put' options purchased by DOPP participants and for a portion of the brokers' fees to conduct and execute transactions. Funds may be used to purchase only 'put' options on milk futures contracts. Other discretionary expenses will be incurred by RMA to operate the program such as those associated with the DOPP's required training sessions.