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A few weeks ago I asked where I could find the formula to calculate the minimum price of milk in California. I only got one answer, asking if it was a trick question. It is not a trick question, as the California Dept. of Food and Agriculture does set the minimum price of milk in order to ensure fair profit for the dairy farmers. Anyway, I'm posting again to see if I get any more answers. Thanks.

2007-09-11 17:51:27 · 3 answers · asked by Anonymous in Politics & Government Law & Ethics

3 answers

I answered your question; you need to check them since they stay open for a while and gather answers over time. At any rate, there is no formula. The minimum price is set with reference to several factors, including overseas prices and availability. The current minimum retail price, as of July 1, 2007, is $3.10. The link below is to an article discussing the price and the way it was set.

2007-09-12 12:19:16 · answer #1 · answered by Anonymous · 1 0

Contact the office of the Trade Industry because they have the formula for the prices of milk.

2007-09-11 17:55:31 · answer #2 · answered by FRAGINAL, JTM 7 · 1 1

Here it's over $3.00/gallon, it's gone up quite a bit lately.

2007-09-11 18:11:52 · answer #3 · answered by jtexperience 4 · 0 0

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