Definition of Minnesota-Wisconsin price (M-W price)

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TeachMeFinance.com - explain Minnesota-Wisconsin price (M-W price)



Minnesota-Wisconsin price (M-W price)

The term 'Minnesota-Wisconsin price (M-W price) ' as it applies to the area of agriculture can be defined as ' A component of the basic formula price for farm milk used in federal milk marketing orders. It is a survey of the average price Minnesota and Wisconsin plants are paying farmers for Grade B milk to be used in processed dairy products'.

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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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