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As of December 2021, the state had 568 dairy farms milking cattle, sheep, and/or goats which produced 2.5 billion pounds of milk annually. [1] Vermont ranks 15th in the United States for raw milk production. [2] Dairy farming in Vermont, like in much of the US, is increasingly scaling upwards due to market and governmental pressures.
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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.
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.
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%.
The average price of milk right now is $3.50, but milk has reached $3.80 at its peak price, according to the U.S Bureau of Labor Statistics. Check out the video above for more on the looming price ...
The dairy industry in the United States includes the farms, cooperatives, and companies that produce milk, 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.
In 2011, the Vermont Attorney General's office alleged that some Cabot products made in 2009 and 2010 could not be certified as free of rBST, a hormone that causes cows to produce more milk. Cabot settled with the state, agreeing not to make such representations, to pay a $65,000 fine, and to donate $75,000 worth of dairy products to local food ...