@article{Copeland:230044,
      recid = {230044},
      author = {Copeland, Alicia and Dharmasena, Senarath},
      title = {Impact of Increasing Demand for Dairy Alternative  Beverages on Dairy Farmer Welfare in the United States},
      address = {2016},
      number = {1376-2016-109813},
      pages = {20},
      year = {2016},
      abstract = {Production and consumption of dairy alternative beverages  in the United States has been on the rise as per capita  consumption of fluid milk continues to fall. Almond milk  and soymilk are the fastest growing categories in the U.S.  dairy alternative marketplace. Using household-level  purchase data from 2011 Nielsen Homescan panel and tobit  econometric procedure, the conditional and unconditional  own-price, cross-price and income elasticities for soymilk  and almond milk were estimated. Income, age, employment  status, education level, race, ethnicity, region and  presence of children are significant drivers affecting the  demand for dairy alternative beverages, such as almond milk  and soy milk. 
We use the estimates from the tobit  econometric procedure to predict how changes in demographic  profiles, prices and income will likely affect demand for  the aforementioned dairy and dairy alternative products,  and how these changes in retail demand will affect the  blend price, production and producer surplus of U.S. dairy  farmers subject to the federal milk marketing order system.  To model the farm-side effects we follow Balagtas and  Sumner (2001) and use estimates of elasticities of supply  for milk from the literature.},
      url = {http://ageconsearch.umn.edu/record/230044},
      doi = {https://doi.org/10.22004/ag.econ.230044},
}