摘要：This report provides a primer on the complex pricing system that has evolved in theUnited States to deal with milk production, its assembly (collection), and its distribu-tion to alternative users. All the various government and private institutions making upthe system are expected to work together to ensure that the public gets the milk itwants, while dairy farmers get the economic returns needed to provide the milk. Themajor institutions are the Federal milk price support program and milk marketingorders, the Northeast Interstate Dairy Compact, State regulations, dairy cooperatives,and milk and dairy product futures and options markets. Our goal is to provide aprimer on milk pricing that can serve as a steppingstone to other, more detailed worksfor those so inclined.
