Posts Tagged ‘price floor’

  • Affecting the cost of animal feed and lowering the amount of milk from cows, the drought is pushing up milk prices.

    Finding A Better Whey

    Nov 15, 12 • 243 Views • UncategorizedNo Comments

    When I enjoy Mt. Tam Cowgirl Creamery Cheese (It’s great!) from California, I never think about 4b. Actually, until yesterday, I never heard of California’s “Class 4b” milk regulation. “Class 4b,” a part of our

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    The Power of the Market: Part 1

    Jul 27, 11 • 201 Views • Businesses, Demand, Supply, and Markets, Developing Economies, Government, Macroeconomic Measurement, Regulation, Thinking EconomicallyNo Comments

    Maybe the market is more powerful than the Congress. First, some history… Hoping that farmers would earn a living wage, in 1933, the U.S. government decided to subsidize crop prices. The goal was “parity,” a level of purchasing power that