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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.
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 Center Square) – One of Wisconsin’s largest dairy groups says the latest milk marketing proposal isn’t a win-win for Wisconsin dairy farmers, but it’s not a guaranteed loss either.
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]
The worst drought in New Zealand in 30 years has pushed the latest international milk prices up more than 60% since the beginning of the year. Meanwhile, China -- already importing about 25% of ...
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%.
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.
Looks like milk prices will be going up. According to the TODAY Show, the drought in California could cause milk prices to increase by 60 cents a gallon. This price surge will likely hit in March.