Risk management study for lamb

(a) Definition of livestock protection and risk management program In this section, the term livestock protection and risk management program 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. (b) Study The Secretary shall conduct a study on modifications to existing livestock protection and risk management programs that may enhance risk management protection to domestic lamb producers. (c) Content In conducting the study under this section, the Secretary shall take into account 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. (d) Report Not later than 1 year after the date of enactment of this Act, the Secretary shall submit to the Committee on Agriculture, Nutrition, and Forestry of the Senate and the Committee on Agriculture of the House of Representatives a report on the findings of the study conducted under this section.