Fair Milk Pricing for Farmers Act

This bill requires dairy manufacturers to report detailed production cost and yield information for all dairy products processed at their facilities. It amends existing law to mandate this reporting to the Secretary of Agriculture, replacing previous electronic reporting requirements with a general "reporting" framework. The Secretary must then publish a public report on these costs every two years, starting three years after the bill's enactment. The bill directly affects dairy manufacturers by imposing new transparency requirements for their processing costs.