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Regional Impacts Of Federal Milk Marketing Order Policy Alternatives

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  • Schiek, William A.

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.

Suggested Citation

  • Schiek, William A., 1994. "Regional Impacts Of Federal Milk Marketing Order Policy Alternatives," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 23(2), pages 1-11, October.
    • Handle: RePEc:ags:arerjl:31435
    DOI: 10.22004/ag.econ.31435
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    File URL: https://ageconsearch.umn.edu/record/31435/files/23020207.pdf
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    References listed on IDEAS

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    1. McDowell, Howard & Fleming, Ann & Spinelli, Felix, 1990. "U.S. Milk Markets Under Alternative Federal Order Pricing Policies," Staff Reports 278357, United States Department of Agriculture, Economic Research Service.
    2. Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    3. Novakovic, Andrew M. & Pratt, James E., 1991. "Geographic Price Relationships Under Federal Milk Marketing Orders," Research Bulletins 123110, Cornell University, Department of Applied Economics and Management.
    4. McDowell, Howard & Fleming, Ann M. & Fallert, Richard F., 1988. "Federal Milk Marketing Orders: An Analysis of Alternative Policies," Agricultural Economic Reports 308061, United States Department of Agriculture, Economic Research Service.
    5. Charles E. French & Earl W. Kehrberg, 1960. "The Comparative Advantage Aspects," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 42(5), pages 1297-1310.
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    Cited by:

    1. Bailey, Kenneth W., 2000. "Evaluating The Economic Impacts Of Regional Milk Pricing Authorities: The Case Of Dairy Compacts," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 29(2), pages 1-12, October.

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    Agricultural and Food Policy;

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