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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Sep 10, 1986
Page
6
The Commodity Credit Corporation bought 2.2 million pounds of cheese and 10.3 million pounds of non-fat dry milk during the week ending Sept 4, the lowest since November 1984. For the fourth week in a row it purchased no butter, according to USDA National Dairy News.
Nebraska Farmers Union and National Farmers Organization unveiled a joint marketing plan to route member commodities through the NFC collection points in Nebraska. The move follows a similar Minnesota agreement, with NFC reporting substantial livestock revenue nationwide and plans to begin in October amid market shifts and milk price changes.
Wisconsin farmers expect August milk prices to average 11.90 per hundredweight, up 30 cents from July and 30 cents above August 1985, with Minnesota Wisconsin price rising 27 cents to 11.33 for August. Production declines seasonally while butter and cheese prices rise. Grade A milk averages 11.70 per cwt in July, up 1 cent from June and 5 cents above last year.
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