Market Activity
The rate at which sales are being made. Often stated as: active, moderate, slow, or inactive.
Market Channels
There are five types of marketing channels: broker/trader, food service, industrial, jobber, retail, and wholesale. Search each term to view its definition.
Mercosur
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.
Metric Conversions
KG / KILOGRAM = 2.2046 pounds
MT / METRIC TON = 2,204.6 pounds
Mexican Origin
Used to identify cattle of Mexican origin on market reports.
Micro-fixing
A manufacturing procedure to convert cold storage bulk butter into print butter.
Moderate
When the volume of supplies is average for the market being reported. See related terms supply/offering, heavy, and light for those definitions.
Modified Wet Distillers Grain
A by-product of ethanol production containing 50 to 55 percent moisture.
Mostly
The majority of sales within a reported price range. Transaction driven, not volume weighted.
NA
Not available.
