Search results
Results from the WOW.Com Content Network
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.
The Agricultural Marketing Service of the United States Department of Agriculture (USDA) uses marketing orders to regulate the sale of dairy products [2] and fruits and vegetables. [3] An order can be terminated when a majority of all producers favor its termination or when the USDA determines that the order no longer serves its intended purpose.
Generally, minimum fluid farm milk prices increase according to the distance from the basing point. When federal milk marketing orders began in the 1930s, Eau Claire, Wisconsin was viewed as the principal surplus milk production region in the nation and hence served as the basing point for most milk priced under federal milk marketing orders.
Grocery prices saw another decline in the month of April, down 0.2% month-over-month. Year-over-year though, prices are still up, 7.1%.
The average price of milk right now is $3.50, but milk has reached $3.80 at its peak price, according to the U.S Bureau of Labor Statistics. Check out the video above for more on the looming price ...
The dairy industry in the United States includes the farms, cooperatives, and companies that produce milk, 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 Michigan Department of Agriculture & Rural Development (MDARD), formerly the Michigan Department of Agriculture is a department of the Michigan state government created in 1921 to enforce laws regarding agriculture production and distribution. Agriculture in the State of Michigan is now a $104.7 billion industry. [2]
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!