Milk pricing is probably the most unique, and difficult,
by 3rdSt (2020-02-28 13:42:06)

In reply to: Do you know a "Dairy Industry for Dummies" resource?  posted by Ofcr. Tim McCarthy

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part of the business. The rest of a dairy operates like a normal business. There’s a joke that only five people in the US understand how milk is priced, and four of them are dead.

The attached link is to a discussion of the dairy markets by American Farm Bureau. They recently decided to weigh in on some pricing reforms, and to educate their membership (who are generally crop farmers), they put together some background sheets which are pretty good. That didn’t stop them from recommending some absolute BS reforms, but they at least had the facts mostly correct in their background info.



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