Regional Impacts of Federal Milk Marketing Order Policy Alternatives

William A. Schiek

Agricultural and Resource Economics Review, 1994, vol. 23, issue 2, 207-217

Abstract: Impacts of alternative federal milk marketing policies which result in reduced fluid (Class I) milk prices were assessed using a simulation model of the U.S. dairy industry. Results indicated that milk production, farm milk prices and producer revenues were significantly reduced in the Southern and Northeast regions of the country under some options. The regional shares of total U.S. milk production were not significantly altered from those which would exist under a continuation of the current policy.

Date: 1994
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