Comment used for video auction and direct reporting to segregate sales that are full semi load lots.

Milk protein concentrate.

A term with several meanings:

A. A geographic location where a commodity is traded.

B. The price, or price level, at which a commodity is traded.

C. To sell a commodity.

The rate at which sales are being made.  Often stated as: active, moderate, slow, or inactive.

There are five types of marketing channels: broker/trader, food service, industrial, jobber, retail, and wholesale.  Search each term to view its definition. 

An economic and commercial bloc of countries in South America composed of Argentina, Brazil, Paraguay, and Uruguay.  Chile, Bolivia, Colombia, Ecuador, and Peru are associate countries.

KG / KILOGRAM = 2.2046 pounds

MT / METRIC TON = 2,204.6 pounds

Used to identify cattle of Mexican origin on market reports.

A manufacturing procedure to convert cold storage bulk butter into print butter.

When the volume of supplies is average for the market being reported.  See related terms supply/offering, heavy, and light for those definitions.