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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.
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.
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.
(The Center Square) – One of Wisconsin’s largest dairy groups says the latest milk marketing proposal isn’t a win-win for Wisconsin dairy farmers, but it’s not a guaranteed loss either.
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 ...
Prior to being acquired by Dean Foods in 2004, it was a public company and owner of the organic dairy brands: Juniper Valley Farms, The Organic Cow of Vermont and UK brand Rachel's Organic. [2] [3] On April 2, 2024, global investment firm Platinum Equity announced that it had completed the purchase of a controlling stake in Horizon Organic. [4]