Search results
Results From The WOW.Com Content Network
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.
For premium support please call: 800-290-4726 more ways to reach us more ways to reach us
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.
The annual rate of grocery price inflation is the highest since this time last year; however, it’s a far cry from 2022 when it averaged 11.4% and peaked at 13.5% — well above overall inflation ...
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.
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
1957 saw a regulatory battle between the companies and the New York State Department of Agriculture and Markets for the right to sell the company's own milk in its own stores. It was resolved in Stewart's favor, and as a result of this vertical integration, retail milk prices in the stores dropped by 25%. [4]