Dairy Industry Policy

Current dairy industry policy facilitates discriminatory pricing of milk used for market milk, domestic manufactured products and for export products. A variant of the Parish model is used to estimate transfer and efficiency costs of these arrangements. Transfers from consumers to producers represent about a third of gross farm returns. Efficiency costs of too little consumption are small. Estimated costs of excess production are between $25 million and $65 million a year. The model suggests important changes to the way in which the Industry Commission calculates rates of assistance to the dairy industry.


Issue Date:
1992-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/12499
Published in:
Review of Marketing and Agricultural Economics, Volume 60, Number 01
Page range:
23-41
Total Pages:
19




 Record created 2017-04-01, last modified 2017-08-23

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