Milk Marketing Quiz CDE Prep

Many U.S. dairy cooperatives belong to an organization that is the dairy farmers’ chief lobbying voice in the nation’s capital. What is the name of the organization?

• International Dairy Federation

• Dairy Farmers of America

• National Milk Producers Federation

• International Dairy Foods Association

Who is the U.S. Secretary of Agriculture?

• Tom Vilsack

• Sonny Perdue

• Ann Veneman

• John Block

A recent survey conducted by Hoard’s Dairyman reported that 55% of dairy farms feed waste milk to ______.

• first calf heifers

• calves

• 2-year-old cows

• cats

Milk marketing cooperatives

• provide marketing power for dairy farmers.

• control Federal Orders.

• operate only outside Federal Orders.

• are not permitted by Federal Orders.

Classified pricing under Federal Milk Marketing is a system that assigns value to milk based on the end use of the product. Class II pricing includes milk used to make _________.

• spoonable (soft) dairy products

• hard cheeses

• butter

• fluid milk

The reason Federal Milk Market Administrators test grade A milk for composition and audit records of purchases by dealers is to _________.

• ensure fairness in the marketing of the milk

• increase the price of milk

• reduce milk production

• promote milk consumption

What is the term that is an estimate of what it costs to transform milk into a finished dairy product like butter or cheese? These estimates are important because the values are used by USDA in setting the monthly minimum prices that regulated plants must pay for the components in your milk checks.

• Cost ratio

• Make allowance

• Competitive pay price

• Producer Price differential

Created by the Fluid Milk Promotion Act of 1990, this organization collects an assessment from processors marketing more than 3 million pounds of milk and develops and finances generic advertising programs to expand markets and uses of US fluid milk products.

• Dairy Marketing Inc.

• National Milk Producers Federation

• National Fluid Milk Processor Promotion Board

• International Dairy Federation

The Dairy Margin Coverage (DMC) program offers protection to dairy producers when the difference between the all-milk-price and the average feed price (the margin) falls below a certain dollar amount selected by the producer. In 2021, the DMC program made indemnity payments totaling nearly _______ to producers who chose to be covered.

• $990,000

• $1.2 million

• $1.2 billion

• $5.0 billion

Which was the top yogurt producing state in 2021?

• Wisconsin

• California

• New York

• Idaho