Classified pricing
Classified pricing is the pricing system of federal milk marketing orders, under which milk processors pay into a pool for fluid grade (Grade A) milk. The price that processors have to pay into the pool is based on how the milk ultimately is used. Milk used for fluid (Class I) consumption generally receives the highest price and lower minimum prices are paid for the three classes of milk used for manufactured dairy products: Class II (yogurt, cottage cheese, ice cream, and other soft manufactured products), Class III (cheese), and Class IV (butter and nonfat dry milk).
primaryTopic
Classified pricing
Classified pricing is the pricing system of federal milk marketing orders, under which milk processors pay into a pool for fluid grade (Grade A) milk. The price that processors have to pay into the pool is based on how the milk ultimately is used. Milk used for fluid (Class I) consumption generally receives the highest price and lower minimum prices are paid for the three classes of milk used for manufactured dairy products: Class II (yogurt, cottage cheese, ice cream, and other soft manufactured products), Class III (cheese), and Class IV (butter and nonfat dry milk).
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Classified pricing is the pric ...... (butter and nonfat dry milk).
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Wikipage page ID
23,589,845
Wikipage revision ID
313,769,897
article
Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition
author
url
http://ncseonline.org/nle/crsreports/05jun/97-905.pdf
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comment
Classified pricing is the pric ...... (butter and nonfat dry milk).
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label
Classified pricing
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