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What is the BFP?(a) Basic Formula Preparation(b) Basic Formula Price(c) Barely Feasible Profit(d) Butter Fat PriceThis question was addressed to me during an interview for a job.My question is based upon Cattle Health topic in chapter Cattle Health of Dairy Engineering

Answer»

The correct CHOICE is (b) Basic Formula PRICE

To elaborate: BFP is the Basic Formula Price. Federal milk marketing orders USE the BFP as the mover for the price structure of regulated milk.



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