. Fundamental to FMMOs are the regulatory prices applicable to milk used in cheese and whey (Class III), and nonfat dry milk and …In the United States, over 70% of milk production is priced under Federal Milk Marketing Orders (FMMOs). A primary … purpose of FMMOs is to facilitate orderly allocation of milk as a limited, perishable resource among alternative uses …

The European Union is a large producer of milk and dairy products. It is also a significant market for the consumption … products. The main milk producers in the EU are Germany, France, Poland, the Netherlands, Italy and Spain. Intensive migration …