Alternative Pricing Policies for Class 1 Milk under Federal Marketing Orders--Their Economic Impact

Richard F. Fallert and Boyd M. Buxton

No 307681, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: Four alternative Class I price structures are examined for the U.S. dairy industry: (1) continuing current programs and policy, (2) increasing Class I differentials 45 cents in all regions, (3) decreasing Class I differentials 75 cents in all regions, and (4) eliminating minimum Class I differentials. The estimated impact of these policies is shown on the Minnesota-Wisconsin (M-W) price (the basic determinant of all prices) regional and aggregate farm prices and income; milk production; fluid milk and manufactured dairy product prices; and industry structure.

Keywords: Agricultural and Food Policy; Demand and Price Analysis; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 71
Date: 1978-05
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:307681

DOI: 10.22004/ag.econ.307681

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