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TeachMeFinance.com - explain Dairy Export Incentive Program (DEIP) Dairy Export Incentive Program (DEIP) The term 'Dairy Export Incentive Program (DEIP) ' as it applies to the area of agriculture can be defined as ' A program that offers subsidies to exporters of U.S. dairy products to help them compete with other nations. USDA pays cash to exporters as bonuses to help them sell certain U.S. dairy products at prices below the exporter’s cost of acquiring them. The program was originally authorized by the Food Security Act of 1985 and extended by the FACT Act of 1990 and the Uruguay Round Agreements Act of 1994. The total tonnage and dollar amounts of these and other export subsidies have been limited by the Uruguay Round’s agreement on agriculture. The FAIR Act of 1996 extends the program through 2002, and permits its use for market development in addition to offsetting the subsidies of other countries'. Previous 5 Terms: Daily Climatological Report Daily Flood Peak daily retardation of tides Dairy and Tobacco Adjustment Act of 1983 Dairy Diversion Program Next 5 Terms: Dairy Market Loss Assistance Program (DMLA) Dairy Price Support Program Dairy Promotion Program Dairy Termination Program DALR About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.