Notes to SEFA
The accompanying Schedule includes the federal award activity of U.S. Dairy Export Council under programs of the federal government for the year ended December 31, 2025. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of U.S. Dairy Export Council, it is not intended to and does not present the financial position, changes in net assets or cash flows of U.S. Dairy Export Council.
U.S. Dairy Export Council administered no federal loan programs for the year ended December 31, 2025.