 | Number of dairy herds in Minnesota in 1980 - 25,282 and in 2000 -
7,700 |
| Number of milk cows in Minnesota in 1980 - 862,000 and in 2000 -
534,000 |
In order for the dairy producers to have the same purchasing power
as it did in 1983, the all milk price for 2000 should have been
$22.37/cwt.
| Year |
CPI-U* |
Milk **
Average |
Adjusted *** |
| 1980 |
82.4 |
12.40 |
15.05 |
| 1981 |
90.9 |
13.08 |
14.39 |
| 1982 |
96.5 |
12.98 |
13.45 |
| 1983 |
99.6 |
12.94 |
12.99 |
| 1984 |
103.9 |
12.82 |
12.34 |
| 1985 |
107.6 |
12.05 |
11.20 |
| 1986 |
109.6 |
11.85 |
10.81 |
| 1987 |
113.6 |
11.86 |
10.44 |
| 1988 |
118.3 |
11.67 |
9.86 |
| 1989 |
124.0 |
13.08 |
10.56 |
| 1990 |
130.7 |
13.22 |
10.11 |
| 1991 |
136.2 |
11.91 |
8.74 |
| 1992 |
140.3 |
12.85 |
9.16 |
| 1993 |
144.5 |
12.80 |
8.86 |
| 1994 |
148.2 |
12.93 |
8.72 |
| 1995 |
152.4 |
12.72 |
8.35 |
| 1996 |
156.9 |
14.60 |
9.31 |
| 1997 |
160.5 |
13.19 |
8.22 |
| 1998 |
163.0 |
15.55 |
9.54 |
| 1999 |
166.6 |
13.19 |
7.92 |
| 2000 |
172.2 |
11.98 |
6.96 |
* Consumer Price Index - all Urban Consumers, U.S. Average, Base
period 1982-84=100
** Subject: Annual Average prices of all milk, Minnesota 1980-1999 and
preliminary average for 2000
*** Annual average price equivalent using1983 as the benchmark.
Source: Minnesota Agricultural Statistics Services
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