NMPF Supports the “Formula Act,” Wants Production Boost
The National Milk Producers Federation supports bipartisan House legislation that will encourage additional infant formula supply imports to temporarily ease short-term shortfalls in supplies. However, the organization said boosting longer-term domestic production to ensure safe and secure infant supplies in the future is necessary.
The Formula Act in the House would waive U.S. tariffs on infant formula imports through the end of this year to ensure that the domestic market has the needed formula supplies. The tariff reduction would help the U.S. domestic market recover from an acute processing capacity crisis that created the national shortage of infant formula.
“The U.S. has experienced a highly unusual shortage of infant formula for much of this year,” says Jim Mulhern, president and CEO of NMPF. “It’s a crisis that’s dragged on way too long but appears to be improving.”
The legislation will address short-term challenges while not creating a permanent dependence on foreign supplies.
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