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Wisconsin's place in a bewildering milk pricing system

While the economic and human toll wrought by low milk prices have been documented, the factors that determine those prices can feel enigmatic or perhaps even baffling for people outside of the industry — and perhaps for those within as well.Indeed, a dairy processors trade organization referenced the complicated American milk pricing system in a “Milk Pricing 101” lesson for its members: “There is an old joke about a senior-level USDA person testifying to Congress on dairy policy and milk pricing. He said there are only three people that understood it and two of them are lying.”

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Edairy News
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