Wednesday, November 18, 2009

MPC NFDM Testimony

(click on images to enlarge)

"Our testimony stated that, “the vast majority (in excess of 95%) of the powder that makes up the CWAP comes from two cooperatives that jointly market their powder through a single marketing agency in common.” Those two cooperatives are California Dairies, Inc. and Land O’Lakes, both of whom had representatives testifying at the November 9th hearing."

"As MPC explained at length in our testimony, our state’s powder makers are insulated from price risk in the CWAP,"

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