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  2. Price controls - Wikipedia

    en.wikipedia.org/wiki/Price_controls

    A government-set minimum wage is a price floor on the price of labour. A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, [24] good, commodity, or service. A price floor must be higher than the equilibrium price in order to be effective. The equilibrium price, commonly called ...

  3. Dairy Price Support Program - Wikipedia

    en.wikipedia.org/wiki/Dairy_Price_Support_Program

    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.

  4. Price floor - Wikipedia

    en.wikipedia.org/wiki/Price_floor

    A government-set minimum wage is a price floor on the price of labour. A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, [1] good, commodity, or service. It is one type of price support; other types include supply regulation and guarantee government purchase price.

  5. Milk Income Loss Contract Payments - Wikipedia

    en.wikipedia.org/wiki/Milk_Income_Loss_Contract...

    Milk Income Loss Contract (MILC) Payments is the name given by USDA to the dairy farmer counter-cyclical payments program, authorized by the 2002 farm bill (P.L. 107-171, Sec. 1502, 7 U.S.C. 7982). Under the program, dairy farmers nationwide are eligible for a federal payment whenever the minimum monthly market price for farm milk used for ...

  6. Dairy industry in the United States - Wikipedia

    en.wikipedia.org/wiki/Dairy_industry_in_the...

    Cow Milk Production by State in 2016. There are 40,200 dairy farms in the United States, down from 111,800 in 1995. [4] In 2017 the top five dairy states are, in order by total milk production; California, Wisconsin, New York, Idaho, and Texas. [5] Dairy farming remains important in Florida, Minnesota, Ohio and Vermont. [6]

  7. Costco butter recall affects Texas stores, missing milk label ...

    www.aol.com/costco-butter-recall-affects-texas...

    Costco is pulling nearly 80,000 pounds of butter off store shelves for packaging missing the "Contains Milk" statement, according to the U.S. Food and Drug Administration.

  8. Texas oil and gas production statistics for July 2024 - AOL

    www.aol.com/texas-oil-gas-production-statistics...

    Oct. 1—AUSTIN — Statewide and county crude oil and natural gas production as reported to the Railroad Commission of Texas for July 2024 came from 158,063 oil wells and 83,833 gas wells, a ...

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