Pricing and Policy Problems in the Northeast Fluid Milk Industry

Ronald Cotterill (ron@cotterilleconomics.com)

No 93, Food Marketing Policy Center Research Reports from University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy

Abstract: This article documents the need for reform of milk pricing in the Northeast. The New York price gouging law can be recast as a fair share law. This new milk policy “kills two birds with one stone.” It corrects regional inequities in raw milk pricing by reforming the pricing of milk at retail by limiting and redistributing excessive retail margins to farmers and consumers. The fair share policy relieves allocative price inefficiency, improves the performance of the federal milk market order pool, and the general performance of the Northeast dairy farming and fluid milk industries.

Keywords: market power; bargaining; over-order premiums; fair share pricing (search for similar items in EconPapers)
Pages: 32 pages
Date: 2006
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Journal Article: Pricing and Policy Problems in the Northeast Fluid Milk Industry (2006)
Working Paper: Pricing and Policy Problems in the Northeast Fluid Milk Industry (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:zwi:fpcrep:093

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