释义 |
Milk Income Loss Contracts Payments Milk Income Loss Contracts PaymentsCommonly called MILC payments. In the United States, a program to pay dairy farmers when the price of milk falls below a certain level. The program is intended to keep dairy farmers in business during difficult times. This in turn keeps the supply of milk from radically declining, which can cause large price fluctuations. The U.S. Department of Agriculture administers the program. |