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In the United States, milk pasteurization became "widespread" in the 1920s and it was considered "one of the major breakthroughs in public health". [5] In 1924, "Grade A Pasteurization" became recommended federal policy, but interstate commerce of unpasteurized dairy products was only limited via federal legislation in 1987. [6]
The price of milk question is a tactic for gauging political candidates' familiarity with the lives of ordinary voters in the United States and the United Kingdom is to ask them to name the price of everyday items such as bread and especially milk.
The difference between the higher domestic price and the world price received for the surplus was to be met by the farmers of each commodity in the form of a tax or equalization fee, which would be paid by American consumers in the form of higher food prices. [3] The legislation was before Congress from 1924 to 1928.
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.
After the war, however, commodity prices dropped. For example, the price for raw milk paid by the county's main milk processing plant dropped by 70%. [4] To address this problem, in 1922, ten Rockingham County farmers, including Shank, formed the Valley of Virginia Cooperative Milk Producers Association, headquartered in Harrisonburg. They ...
A Gallon of Milk According to the St. Louis Fed, a gallon of whole milk cost $3.32 when Trump was inaugurated in January 2017. The price fell steadily to a term-low of $2.84 in July 2018.
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Pages in category "1924 in economic history" The following 5 pages are in this category, out of 5 total. This list may not reflect recent changes. A.