Milk Cost of Production Estimates for April, May, and June 2011
Adam Rabinowitz and
Rigoberto Lopez ()
No 1, Outreach Reports from University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy
In July 2009, Connecticut Public Act 09-229 established an agricultural sustainability account to provide financial assistance to Connecticut milk producers during times when the federal milk pay price falls below a minimum sustainable monthly cost of production. This legislation mandates that the Commissioner of Agriculture make payments to Connecticut dairy farmers on a quarterly basis. To determine whether payments are necessary to comply with the legislation, Public Act 09-229 defines the minimum sustainable monthly cost of production as eighty-two percent of the monthly average cost of production for a New England state, as calculated by the United States Department of Agriculture (USDA) Economic Research Services (ERS).
Keywords: milk; sustainability; Public Act 09-229; New England (search for similar items in EconPapers)
Pages: 10 pages
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Working Paper: Milk Cost of Production Estimates for April, May, and June 2011 (2011)
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