Definition of Blend price

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TeachMeFinance.com - explain Blend price



Blend price

The term 'Blend price ' as it applies to the area of agriculture can be defined as ' 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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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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