Pricing and Policy Problems in the Northeast Fluid Milk Industry

This article documents the need for reform of milk pricing in the Northeast. The New York price gouging law can be recast as a fair share law. This new milk policy “kills two birds with one stone.” It corrects regional inequities in raw milk pricing by reforming the pricing of milk at retail by limiting and redistributing excessive retail margins to farmers and consumers. The fair share policy relieves allocative price inefficiency, improves the performance of the federal milk market order pool, and the general performance of the Northeast dairy farming and fluid milk industries.


Issue Date:
2006
Publication Type:
Report
PURL Identifier:
http://purl.umn.edu/149174
Total Pages:
32
Series Statement:
Research Report
093




 Record created 2017-04-01, last modified 2017-08-27

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