tag:blogger.com,1999:blog-6266934439288377947.post3737160874897655099..comments2023-07-20T05:55:32.639-07:00Comments on john bunting's dairy journal: The Real ProblemJohn Buntinghttp://www.blogger.com/profile/05272618807602920448noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6266934439288377947.post-27750374994652348352009-06-24T19:05:54.877-07:002009-06-24T19:05:54.877-07:00The farm bill says:
(f) SALES FROM INVENTORIES.—I...The farm bill says:<br /><br />(f) SALES FROM INVENTORIES.—In the case of each commodity specified in subsection (c) that is available for unrestricted use in the inventory of the Commodity Credit Corporation, the Secretary may sell the commodity at the market prices prevailing for that commodity at the time of sale, except that the sale price may<br />not be less than 110 percent of the minimum purchase price specified in subsection (c) for that commodity.<br /><br />Key phrase: "unrestricted use" The NFDM sold at the lower price was "restricted" to making casein. Pretty clever.John Buntinghttps://www.blogger.com/profile/05272618807602920448noreply@blogger.comtag:blogger.com,1999:blog-6266934439288377947.post-24297145079671422892009-06-24T17:04:05.559-07:002009-06-24T17:04:05.559-07:00John, Interesting Blog. You need to help me get th...John, Interesting Blog. You need to help me get the word out on how the CCC is doing an end-around on the 110% sell-back price statute in the 2008 Farm Bill. Sec. Vilsack's plan to barter the CCC powder is flooding the supply chain with 47-50 cent powder despite how the program is supposed to work (i.e. buy and hold until selling back at 110% of support prices). I have the research details here: http://milkmarketwatch.com/blog/2009/06/ccc-sales-june-18.asp<br /><br />The Co-op's are full participants in this cheese barter for powder (at least CDI and DFA) and they are getting their make-allowance again on powder they turn into cheese! I'd be interested in your comments! <br /><br />-Marvin Hoekemamhoekemahttps://www.blogger.com/profile/17085870281500863517noreply@blogger.comtag:blogger.com,1999:blog-6266934439288377947.post-38810396288023663632009-06-24T08:56:42.519-07:002009-06-24T08:56:42.519-07:00I'll keep it short so as not to be considered ...I'll keep it short so as not to be considered culpable.<br />John, this is your best blog yet.<br />My way of simple thinking is this, dealing with whole milk only;<br />Using known numbers for dairy cows and US population, we have about 1 dairy cow for every 35 persons - give or take.<br />Using an average of 19,000lbs of milk per cow, per year, if everyone shared the milk equally, we would all be allocated about 1.5lbs of milk per person per day or about 2-3/4 cups, almost enough for a bowl of cereal and glass of milk, that's as long as you didn't have butter on your toast or cheese in your eggs.<br />But as everyone knows we don't deal with whole milk, it's much more complicated than that.<br />Jeff SuehringAnonymousnoreply@blogger.com