ASYMMETRY IN THE RETAIL PRICING OF MAJOR DAIRY PRODUCTS WITH IMPLICATIONS FOR U.S. DAIRY POLICY

Henry Kinnucan

No 279088, 1984 Annual Meeting, August 5-8, Ithaca, New York from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: As a result of three consecutive years of record dairy surpluses, the support price of milk was lowered 5O/cwt. in December 1983, with further reductions scheduled in 1985 if surpluses remain too high. This paper assesses the implications of these price reductions. for retail dairy prices and farm-level demand.

Keywords: Demand and Price Analysis; Farm Management; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 16
Date: 1984-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea84:279088

DOI: 10.22004/ag.econ.279088

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