Summary

Requires dairy product manufacturers who already report production to also report production costs and product-yield information for all products processed in the same facility or facilities. Directs USDA to collect that data and publish an aggregated report of dairy processing costs within three years of enactment and then every two years afterwards. Aims to bring more price and cost transparency to the dairy supply chain to help farmers, regulators, and market participants. It will increase reporting and record-keeping duties for manufacturers and require USDA to process and periodically publish aggregated cost data, which may require agency resources.

• Adds production cost and product-yield reporting requirements for dairy manufacturers already required to report production.
• Requires reporting of cost and yield information for all products processed in the same facility or facilities.
• Directs USDA to publish an aggregated dairy processing cost report within 3 years and every 2 years after that.
• Gives the Secretary authority to determine the specific cost and yield data elements and reporting formats.
• Increases data transparency in the dairy supply chain to inform farmers, buyers, and policymakers.
• Creates a recurring USDA reporting responsibility that may require administrative resources.
• Does not include explicit new funding or detailed confidentiality rules in the text.
• Targets manufacturers that already submit production reports; it does not create new reporting groups beyond those firms.
• Publication is at the aggregated level, which aims to protect individual firm data while providing sector cost trends.