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Aggregate Milk Supply Response to the Milk Income Loss Contract Program

Author

Listed:
  • Bryant, Henry L.
  • Outlaw, Joe L.
  • Anderson, David P.

Abstract

This research tests for changes in aggregate milk production due to the operation of the Milk Income Loss Contract (MILC) program since 2002. Aggregate production is decomposed into the size of the dairy herd and milk production per cow. We find no statistically significant response in either variable. This finding implies that the simultaneous operation of income and price support programs in the United States has not, thus far, proven self-defeating.

Suggested Citation

  • Bryant, Henry L. & Outlaw, Joe L. & Anderson, David P., 2007. "Aggregate Milk Supply Response to the Milk Income Loss Contract Program," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 25(2).
  • Handle: RePEc:ags:jloagb:62292
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    File URL: http://purl.umn.edu/62292
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    Citations

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    Cited by:

    1. D’Antoni, Jeremy M. & Mishra, Ashok K. & Blayney, Donald, 2013. "Assessing participation in the Milk Income Loss Contract program and its impact on milk production," Journal of Policy Modeling, Elsevier, vol. 35(2), pages 243-254.
    2. Jackson Jeremy Jay & Thraen Cameron S. & Bozic Marin, 2013. "Conflict over Cooperation: Why So Much Disagreement over the Proposed Dairy Market Stabilization Program?," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 11(1), pages 1-10, November.
    3. Wolf, Christopher A. & Tonsor, Glynn T., 2013. "Dairy Farmer Policy Preferences," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 38(2), August.
    4. repec:oup:apecpp:v:38:y:2016:i:4:p:712-730. is not listed on IDEAS
    5. Newton, John & Thraen, Cameron S. & Bozic, Marin, 2013. "Whither Dairy Policy? Evaluating Expected Government Outlays and Distributional Impacts of Alternative 2013 Farm Bill Dairy Title Proposals," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 153750, Agricultural and Applied Economics Association.
    6. Miller, Maryfrances, 2016. "Regional variation in margin response, participation, and potential federal expenditures under Dairy Margin Protection Program," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 230075, Southern Agricultural Economics Association.

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