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Blend price
Primarily used in the federal milk marketing order program. Represents the weighted average price of milk, per hundred pounds, paid to each farmer based on how Grade A (fluid grade) milk is allocated to different usage classes (e.g., fluid, manufacturing) by processors.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
- Product:
- Acronym-Abbreviation:
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