Knowledge

Butter-Powder Tilt

Source 📝

59: 47:
costs. However, whenever the purchase price of one commodity is reduced by USDA, it must increase the purchase price of the other commodity so that the overall support price of milk remains at $ 9.90 per cwt. This price adjustment is referred to as the butter-powder tilt.
63: 43:(P.L. 107–171, Sec. 1501) allows USDA to adjust the government purchase price of butter and nonfat dry milk twice annually in order to better manage its inventories of surplus milk products and minimize 95: 100: 44: 69: 105: 78: 28: 20: 39:
when wholesale prices for these commodities fall below administratively set levels. The
71:
Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition
40: 89: 36: 32: 35:. by standing ready to purchase surplus butter, cheese and nonfat 24: 23:strategy in United States, which requires the 8: 96:United States Department of Agriculture 27:to support the farm price of milk at 7: 101:Dairy farming in the United States 14: 62: This article incorporates 57: 79:Congressional Research Service 1: 122: 106:Agricultural subsidies 64:public domain material 17:Butter-Powder Tilt 113: 82: 76: 61: 60: 21:price adjustment 121: 120: 116: 115: 114: 112: 111: 110: 86: 85: 74: 68:Jasper Womach. 67: 58: 54: 12: 11: 5: 119: 117: 109: 108: 103: 98: 88: 87: 84: 83: 53: 50: 41:2002 farm bill 13: 10: 9: 6: 4: 3: 2: 118: 107: 104: 102: 99: 97: 94: 93: 91: 80: 73: 72: 65: 56: 55: 51: 49: 46: 42: 38: 34: 30: 26: 22: 18: 70: 16: 15: 90:Categories 52:References 45:government 31:9.90 per 37:dry milk 19:is the 75:(PDF) 66:from 25:USDA 33:cwt 92:: 77:. 29:$ 81:.

Index

price adjustment
USDA
$
cwt
dry milk
2002 farm bill
government
public domain material
Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition
Congressional Research Service
Categories
United States Department of Agriculture
Dairy farming in the United States
Agricultural subsidies

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.