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Regional Impacts of Federal Milk Marketing Order Policy Alternatives

Published online by Cambridge University Press:  15 September 2016

William A. Schiek
William A. Schiek*
Affiliation:
Department of Agricultural Economics, Purdue University
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Abstract

Impacts of alternative federal milk marketing policies which result in reduced fluid (Class I) milk prices were assessed using a simulation model of the U.S. dairy industry. Results indicated that milk production, farm milk prices and producer revenues were significantly reduced in the Southern and Northeast regions of the country under some options. The regional shares of total U.S. milk production were not significantly altered from those which would exist under a continuation of the current policy.

Type
Articles
Information
Agricultural and Resource Economics Review , Volume 23 , Issue 2 , October 1994 , pp. 207 - 217
Copyright
Copyright © 1994 Northeastern Agricultural and Resource Economics Association 

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