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Each year, Vermont loses dairy farms. [3] In 2021, the number of dairy farms shrunk by 6.9%, a decline of 68 farms from the previous year. [1] Family farms with small herds of dairy cows historically defined Vermont agriculture and the cultural landscape of the state. A 2019 survey found that Vermont's dairy industry is considered very ...
The compact created a Northeast Dairy Compact Commission, based in Montpelier, Vermont, charged with setting prices and regulating bulk milk handlers. From 1997 until its expiration on September 30, 2001, the Northeast compact required processors in the region to pay dairy farmers at least $16.94/cwt. for farm milk used for fluid consumption.
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.
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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.
In January 2024 the company raised its milk prices by 5%, an increase of 7p, for the same reasons. Managing director Eamon Fenlon said increases in payroll, packaging and utility and freight costs ...
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The Vermont Agency of Agriculture Food and Markets is housed in this Romanesque Revival building at 116 State Street in Montpelier. The Vermont Agency of Agriculture Food and Markets (VAAFM) or sometimes colloquially the agriculture department, is a Vermont executive agency (or cabinet agency). Its purpose is to develop and execute policy on ...