EFFECTS OF LOW MILK PRICES ON U.S. DAIRY FARMS IN 2000

Effects of low milk prices on U.S. dairy farms are assessed using a survey of U.S. dairy operations. Although small dairy operations were particularly vulnerable to the decline in milk prices in 2000, 41 percent of these operations were able to produce milk at a cost that was competitive with larger operations. This suggests that the managerial ability of the individual dairy producers is likely to be as important as size economies to lowering the costs of milk production.


Issue Date:
2003
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/35213
PURL Identifier:
http://purl.umn.edu/35213
Total Pages:
16
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2020-10-28

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