An Analysis of Reconstituted Fluid Milk Pricing Policy

Glen D. Whipple

American Journal of Agricultural Economics, 1983, vol. 65, issue 2, 207-213

Abstract: This analysis suggests that alteration of the reconstituted fluid milk pricing provisions of federal and state milk market orders would have a substantial impact on market equilibrium. A reactive programming model of the U.S. milk market was used to simulate the effects of altered reconstituted fluid milk pricing policy. The solutions indicate that reconstituted fluid milk, as a lower cost alternative to fresh fluid milk, would make up a substantial portion of the fluid milk consumption in some markets.

Date: 1983
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:65:y:1983:i:2:p:207-213.

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