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Article: Task force to urge bypassing cheese exchange prices Recommendation follows governor's suggestion
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- November 15, 1996
- Author:
CopyrightCopyright 1996 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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The Governor's Task Force on Cheese Pricing said Thursday it plans
to draft recommendations to change the nation's dairy pricing
formula by eliminating National Cheese Exchange trading as a
component.
The task force will suggest the industry instead use the U.S.
Department of Agriculture report of cheese sale prices and milk
futures contracts, as Gov. Tommy Thompson suggested Wednesday.
The recommendations come after a probe chastised the tiny Green
Bay-based National Cheese Exchange as being easy to manipulate to
the benefit of large cheese marketers such as Kraft Foods Inc.
The task force made up of dairy farmers, cheese traders and
other interests will recommend the formula rely on ...