Milk Pricing in the United States

by Donald Blayney and Alden C. Manchester

Over the past 125 years, a complex system of both public and private pricing institutions has evolved to deal with milk production, assembly, and distribution. The pricing of milk in the United States is part market-determined, and part publicly administered through a wide variety of pricing regulations. This report examines the many facets of pricing milk as it moves from the farm gate to alternative users

Keywords: Milk, prices, dairy policy, milk products, dairy products, milk production, United States, dairy cooperatives, price supports, milk marketing, Federal milk market orders

In this publication...

• Entire Report
• Frontmatter (Title page, Contents, Summary)
• Introduction
• U.S. Dairy Industry in Brief
• How the Pricing System Evolved
• The Milk Pricing System in the Future
• Glossary
• Information Sources
• Appendix A: Federal Milk Marketing Order Price Formulas