http://future.aae.wisc.edu/blog/articles/2008/06/20/usda-proposes-to-increase-all-make-allowances-in-federal-order-class-iii-and-iv-price-formulas en-us 40 Updates and information about the the trends in Dairy Markets <p>The U SDA issued a <a href="http://future.aae.wisc.edu/collection/news_items/fmmo_make_allowances.pdf"> tentative final decision</a> to amend the Class III and Class IV product price formulas in all Federal milk marketing orders. The decision was based on the record of the first session of a public hearing held in Strongsville, Ohio on February 26- March 2, 2007, a second session of a public hearing held in Indianapolis, Ind., on April 9-13, 2007, and a third session of a public hearing held in Pittsburgh, Pa., on July 9-11, 2007.</p> <p>The decision would amend the make allowances for cheese, butter, NFDM and dry whey. Specifically, this decision would adopt the following make allowances: cheese - $0.2003 per pound; butter - $0.1715 per pound; NFDM - $0.1678 per pound; and dry whey - $0.1991 per pound. This decision also proposes to increase the butterfat yield factor of the butterfat price formula from 1.20 to 1.211. </p> <p>A complete copy of the Federal Registry record can be obtained by clicking <a href="http://future.aae.wisc.edu/publications/USDA_08_Make_Allowance_Federal_Register.pdf"> here</a>.</p> Fri, 20 Jun 2008 07:00:00 -0500 urn:uuid:9eed22d1-ee3a-4858-9daa-7b35c8604a8c Brian Gould http://future.aae.wisc.edu/blog/articles/2008/06/20/usda-proposes-to-increase-all-make-allowances-in-federal-order-class-iii-and-iv-price-formulas News