@article{Schwane:170027,
      recid = {170027},
      author = {Schwane, Matthew and Rabinowitz, Adam and Cotterill,  Ronald},
      title = {Analysis of the May 2004 Milk Price Survey with a  Comparison to June 2003},
      address = {2004-09},
      number = {1585-2016-134157},
      series = {Issue Papers},
      pages = {16},
      year = {2004},
      abstract = {Since November of 2002, the Food Marketing Policy Center  has periodically conducted price surveys of milk in New  York and Southern New England (Cotterill, et. al. 2002;  Rabinowitz, et. al. 2003;Cotterill 2003). Results of these  surveys, when coupled with data on the underlying cost of  the raw milk, have shown that milk channel firms are  continually charging unconscionably excessive prices for  milk. While it was originally believed that both processors  and retailers were exercising market power, information  obtained on processing costs indicates that retailers are  charging the bulk of the markup. Additionally, surveys  conducted in 2003 found that average milk prices in New  England were as much as 70 cents higher than prices of  similar milk in New York. This is likely due to a New York  State milk price gouging law, which states that retailers  must offer at least one brand of each type of milk at a  price no greater than 200% of the farm price of 3.5%  butterfat milk (New York State Department of Agriculture  and Markets, 2004). No such law exists in New England.},
      url = {http://ageconsearch.umn.edu/record/170027},
      doi = {https://doi.org/10.22004/ag.econ.170027},
}