Hostname: page-component-78c5997874-j824f Total loading time: 0 Render date: 2024-11-15T13:04:28.196Z Has data issue: false hasContentIssue false
  • English
  • Français

Optimal Production Schedules for a Representative Farm Under Alternative Seasonal Milk Pricing Patterns of the Base-Excess Plan

Published online by Cambridge University Press:  10 May 2017

Allen M. Prindle  and
Janet S. Livezey
Allen M. Prindle
Affiliation:
Department of Agricultural and Resource Economics, University of Maryland
Janet S. Livezey
Affiliation:
Crops Branch, ESS-USDA
Get access

Abstract

Production of milk under various pricing policies were examined for a representative dairy farm operating under the base-excess plan. Three pricing scenarios were examined to determine calving schedule, milk production, and shadow prices. The period May-July was most profitable, and December-January the least profitable months for calving, under the base-excess program in the Mid-Atlantic Order. The representative producer responded to the pricing policies by shifting production in response to changes in the seasonal patterns of the base and excess prices.

Type
Articles
Information
Journal of the Northeastern Agricultural Economics Council , Volume 10 , Issue 1 , April 1981 , pp. 23 - 29
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Footnotes

The research was conducted while Ms. Livezey was a student at the University of Maryland.

The authors acknowledge Blair J. Smith, John W. Wysong, and anonymous reviewers for helpful comments on an earlier draft of this manuscript. The computer time for this research was supported through the facilities of the Computer Science Center, University of Maryland.

Scientific Article No. A-2940, Contribution Number 5998 of the Maryland Agricultural Experiment Station.

References

Carley, D. H. Labor Utilization and Costs on Georgia Dairy Farms. The University of Georgia Agricultural Experiment Station Research Bulletin 241, August, 1979.Google Scholar
Christensen, Rondo A., Petterson, Douglas E., and Swainston, Allan H. The Function and Costs of Market Milk Reserves and Balancing Supply with Demand. Utah State University Economics Research Institute Study Paper 79–8, September, 1979.Google Scholar
Lasley, Floyd A. and Sleight, Lynn C. Balancing Supply with Demand for Fluid Milk Markets—A Cost Comparison. U.S. Department of Agriculture, ESCS, October, 1979.Google Scholar
Livezey, Janet S., “Optimal Dairy Production Scheduling: An Application of a Steady State Linear Programming Model,” Unpublished M.S thesis, Department of Agricultural and Resource Economics, University of Maryland, (forthcoming).Google Scholar
Maryland Department of Agriculture, Maryland Agricultural Statistics, June, 1979, and earlier issues.Google Scholar
National Academy of Sciences, Nutrient Requirements of Dairy Cattle, Washington, D.C., 1978.Google Scholar
Shaw, C. N. and Levine, S. G. Government's Role in Pricing Fluid Milk in the United States. U.S. Department of Agriculture, ESCS, Agric. Econ. Report 397, March, 1978.Google Scholar
Smith, Blair J., Metzer, Homer B., and Lasley, Floyd A. Fluid Milk Reserves and Production Consumption Balances in Northeastern United States. The Pennsylvania State University Agricultural Experiment Station Research Bulletin 819, 1978.Google Scholar
U.S.D.A., Compilation of Agricultural Marketing Agreement Act of 1937, with Amendments as of January 20, 1971, CMS Agricultural Handbook 421 (October).Google Scholar
U.S.D.A., Agricultural Marketing Service, “Federal Milk Marketing Order No. 4,” reprinted from Federal Register of April 30, 1975 (effective June 1, 1975).Google Scholar
Wiggins, George. “Standardized Lactation Curves Adjusted for Month of Calving.” Unpublished manuscript, Animal Improvement Laboratory, Beltsville, Maryland, 1979.Google Scholar