Federal Milk Marketing Orders and Price Supports

73rd Congress adequate supply Agricultural Adjustment Act Agricultural Marketing Service Annual Summary antitrust Associated Milk Producers average base plans blend price Capper-Volstead Act Class I base Class I differential Class I prices Class I utilization Class II milk consumers dairy cooperatives dairy farms dairy industry dairy products deadweight loss Department of Agriculture deregulation dominant cooperative Economic federal market order Federal Milk Marketing Federal Milk Order federal order markets federal order system fluid differential fluid milk FMOMS goal grade A milk handlers higher prices hundredweight Ibid income increase Ippolito and Masson M-W price manufacturing market power mergers Milk Marketing Orders Milk Order Market Milk Pricing Advisory Milk Pricing Problem milk production milk regulation million monopoly operation over-order prices parity percent price level price of milk price support program Pricing Advisory Committee raw milk Regulation of Milk social costs surplus tion U.S. Congress U.S. Department Upper Midwest utilization rate