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Potential Income Effects Of The Harkin-Gephardt Proposal On New York Dairy Farms

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  • Kaiser, Harry M.
  • Heslop, Edward H.
  • Milligan, Robert A.

Abstract

This article reports the results of research regarding the farm-level implications for New York dairy producers of national mandatory supply control programs for feed grains and milk. The analysis is based on the proposed Harkin-Gephardt Bill which would authorize a mandatory supply control program for milk and the major supported crops. Representative farm budgets were constructed for a sample of dairy farms to assess the possible effects on costs and returns. Some farmers would gain, while others would not. The results suggest that dairy farmers who purchase all of their feed would be worse off, while farmers who grow grain would be better off under the proposed supply control program.

Suggested Citation

  • Kaiser, Harry M. & Heslop, Edward H. & Milligan, Robert A., 1987. "Potential Income Effects Of The Harkin-Gephardt Proposal On New York Dairy Farms," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 16(2), pages 1-11, October.
  • Handle: RePEc:ags:nejare:28972
    DOI: 10.22004/ag.econ.28972
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    References listed on IDEAS

    as
    1. Milligan, Robert & Lesser, William H. & Magrath, William B. & Tauer, Loren & Bauman, Dale, 1985. "Biotechnology and Dairy Industry: Production costs, Commercial Potential, and the Economic Impact of the Bovine Growth Hormone," Research Bulletins 183730, Cornell University, Department of Applied Economics and Management.
    2. Kaiser, Harry M. & Heslop, Edward H., 1986. "A Summary of House Congressional Bill H.R. 5588 a.k.a. The "Save the Family Farm Act"," EB Series 185880, Cornell University, Department of Applied Economics and Management.
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    Agricultural Finance;

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