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Materials

• Resources: Understanding the Basics of Milk Pricing 
• PowerPoint: Understanding the Basics of Milk Pricing 
• Recording: Understanding the Basics of Milk Pricing

On August 25, 2023,from 12 noon–1:00 pm ET, the Penn State Center for Agricultural and Shale Law, alongside the Pennsylvania Department of Agriculture’s (PDA) Agricultural Business Development Center (ABDC), will present the next webinar program in the Understanding Agricultural Law Educational Series, a course designed to develop subject matter literacy and competence on fundamental issues of agricultural law for attorneys and business advisors who work with or represent agricultural or rural clients but may not necessarily specialize in agricultural law:

“Understanding the Basics of Milk Pricing”  

Although a popular maxim suggests that only a few people in the country really understand milk pricing under the Federal Milk Marketing Order (FMMO) system, the concept of FMMO pricing is readily clarified by one underlying objective—to create a uniform level of producer compensation by adjusting for the economic impact of the disparate market prices of the dairy products in which milk is used.  While the FMMO system is administered by the U.S. Department of Agriculture (USDA), it was established through multiple referendums of dairy producers, who adopted the milk marketing orders.  

This webinar will provide an overview of the Federal Milk Marketing Order system and discuss related legal issues. 

1 hour of substantive CLE credit available for Pennsylvania-licensed attorneys at no charge.