Price Alignment and Movements of Class I Milk between Markets
Leo V. Blakley and
Donald W. Kloth
American Journal of Agricultural Economics, 1972, vol. 54, issue 3, 496-502
Abstract:
Incentives to transfer milk from one surplus market to another exist under current price alignment. Lower location differentials reduce these incentives. Milk shipments not needed for fluid consumption increase total costs with net benefits accruing primarily to the transportation industry and to some producer groups at the expense of others.
Date: 1972
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