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These purchase prices are set high enough to enable dairy processors to pay farmers at least the support price for the milk they use in manufacturing these products. The 2002 farm bill (P.L. 107-171, Sec. 1501) mandated a support price of $9.90/ cwt , effective through December 31, 2007, when the program by law was scheduled to expire.
This is a list of countries ordered by annual per capita consumption of milk, excluding butter. Rank Change in rank 2013/2007 Country
The dairy industry in the United States includes the farms, cooperatives, and companies that produce milk and cheese and related products, such as milking machines, and distribute them to the consumer. By 1925, the United States had 1.5-2 million dairy cows, each producing an average of 4200 lb of milk per year.
(The price adjustment for 1 February 2022 was calculated in the fall of 2021 using 2020 data.) [20] [19]: 7–9 The CDC regulates only the price of milk received by farmers, however, some provinces (such as Quebec) regulate the retail price of fluid milk. [21] [19]: 9
The Minnesota-Wisconsin price (M-W price), prior to May 1995, was a component of the basic formula price for farm milk formerly used in federal milk marketing orders. It represented a survey of the average price Minnesota and Wisconsin plants were paying farmers for Grade B milk to be used in processed dairy products.
Dairy products or milk products, also known as lacticinia, are food products made from (or containing) milk. [1] The most common dairy animals are cow , water buffalo , nanny goat , and ewe . Dairy products include common grocery store food around the world such as yogurt , cheese , milk and butter .
As of 2018, the California dairy industry was the single largest milk producer in the United States with 20 % of U.S. milk production [2] with milk sales of about $6.3 billion, and processed dairy products (wholesale) of about $22.2 billion. [2]: 10 Among California agricultural commodities, milk has the highest farm revenue. [2]: 13
Dairy Farmers of America Inc. (DFA) is a national milk marketing cooperative in the United States. DFA markets members' raw milk and sells milk and derivative products (dairy products, food components, ingredients and shelf-stable dairy products) to wholesale buyers both domestically and abroad. Net sales in 2016 were $13.5 billion ...