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Pricing Milk by Economic Formula- The Virginia Experience

H.M. Harris

No 284470, 1975 Annual Meeting, August 10-13, Columbus, Ohio from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper traces the situation in Virginia that led to the adoption of an economic formula for pricing milk in July 1974, and summarizes an analysis of various economic formulas as alternative pricing mechanisms. Comparisons suggest the formula has boosted Virginia milk prices as much as $.07 per half gallon above levels which would have been expected.

Keywords: Marketing (search for similar items in EconPapers)
Date: 1975-08
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