Risk management study for lamb

(a) In general The Secretary shall conduct a study that includes an analysis of any modifications to existing livestock protection and risk management programs that may enhance risk management protection to domestic lamb producers. (b) Content In conducting the study under this section, the Secretary shall take into account the various factors affecting risk management, including— (1) market access; (2) sources of feed; (3) costs of, and fluctuation of costs of, feed; (4) imports; (5) consumer demand and trends; (6) labor costs; and (7) availability and accuracy of market data. (c) Report Not later than 1 year after the date of enactment of this section, the Secretary shall submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a report on the findings of the study under this section. (d) Definition In this section, the term existing livestock protection and risk management programs includes— (1) dairy margin coverage; (2) livestock risk protection; and (3) any other program designed to protect producers from market volatility, as determined by the Secretary.

(a) In general The Secretary shall conduct a study that includes an analysis of any modifications to existing livestock protection and risk management programs that may enhance risk management protection to domestic lamb producers. (b) Content In conducting the study under this section, the Secretary shall take into account the various factors affecting risk management, including— (1) market access; (2) sources of feed; (3) costs of, and fluctuation of costs of, feed; (4) imports; (5) consumer demand and trends; (6) labor costs; and (7) availability and accuracy of market data. (c) Report Not later than 1 year after the date of enactment of this section, the Secretary shall submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a report on the findings of the study under this section. (d) Definition In this section, the term existing livestock protection and risk management programs includes— (1) dairy margin coverage; (2) livestock risk protection; and (3) any other program designed to protect producers from market volatility, as determined by the Secretary.