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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.
Top ten goat milk producers in 2020 [73] ... Particularly notable was the rapid increase of consumption of milk in China and the rise of the price of milk in the ...
(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 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.
This is a list of countries ordered by annual per capita consumption of milk, excluding butter. Rank Change in rank 2013/2007 Country
According to The New York Times, if the current Farm Bill expires and the pricing equation reverts to its 1949 standard, the government will pay considerably more for milk.
FILE - Bottles of raw milk are displayed for sale at a store in Temecula, Calif., on Wednesday, May 8, 2024. (AP Photo/JoNel Aleccia, file) (ASSOCIATED PRESS)
Cow Milk Production by State in 2016 After a brief rise following the Great Recession of 2008-9, milk prices crashed again in the late 2010s to well under $3 a gallon at major grocers in the United States. Pennsylvania has 8,500 farms with 555,000 dairy cows. Milk produced in Pennsylvania yields an annual revenue of about US$1.5 billion. [70]
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