How is milk priced in Iowa? An example for the Central FMMO
Note: This article is the second in an Iowa Farm Bureau series about how milk is priced in the United States. For an overview of FMMOs and related terminology, please see visit this link.
Milk pricing can be a difficult subject to understand. To help illustrate how milk is priced for an Iowa dairy farmer, let’s consider a hypothetical example of milk priced in July 2023 in the Central Federal...
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