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Dairy Policy: An Analysis of the U.S. Dairy Industry through 1995

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Author Info
David R. Krog
Satheesh V. Aradhyula

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Abstract

An econometrically estimated model is used to project the impact of the 1985 dairy program on the dairy industry and government costs. Projections indicate that a whole-herd buyout program could be an effective way of reducing the excess supply of milk while maintaining dairy income and reducing government costs.

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Publisher Info
Paper provided by Center for Agricultural and Rural Development (CARD) at Iowa State University in its series Center for Agricultural and Rural Development (CARD) Publications with number 86-wp11.

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Date of creation: Jul 1986
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Handle: RePEc:ias:cpaper:86-wp11

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