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Minnesota-Wisconsin price

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This is an old revision of this page, as edited by Awkwafaba (talk | contribs) at 18:39, 11 November 2019 (Adding short description: "Component of the basic formula price for farm milk formerly used in federal milk marketing orders until 1995" (Shortdesc helper)). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

The Minnesota-Wisconsin price (M-W price), prior to May 1995, was a component of the basic formula price for farm milk formerly used in federal milk marketing orders. It represented a survey of the average price Minnesota and Wisconsin plants were paying farmers for Grade B milk to be used in processed dairy products. In 1995, the M-W price was replaced with the basic formula price as the price mover under federal milk marketing orders.

References

  • Public Domain This article incorporates public domain material from Jasper Womach. Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (PDF). Congressional Research Service.