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The Food and Agricultural Policy Simulator: The Dairy-Sector Submodel

Author

Listed:
  • Salathe, Larry E.
  • Price, J. Michael
  • Gadson, Kenneth E.

Abstract

This article presents the structure, parameters, and validation statistics for the dairy-sector sub-model contained in the U S Department of Agriculture's (USDA's) Food and Agricultural Policy Simulator (FAPSIM) This submodel endogenously estimates dairy cow numbers, milk production farm-level milk prices, fluid milk consumption, and the supply, utilization, and prices of butter, cheese, nonfat dry milk, condensed and evaporated milk, and frozen milk products It also endogenously estimates USDA purchases of manufactured dairy products and the costs of Government dairy product purchases under alternative dairy price-support options The annual model is used to examine the adjustment resulting from lowering dairy price-supports from 75 to 65 percent of the parity

Suggested Citation

  • Salathe, Larry E. & Price, J. Michael & Gadson, Kenneth E., 1982. "The Food and Agricultural Policy Simulator: The Dairy-Sector Submodel," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 34(3), pages 1-14, July.
    • Handle: RePEc:ags:uersja:148824
    DOI: 10.22004/ag.econ.148824
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    Citations

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    Cited by:

    1. Young, C. Edwin & Osborn, C. Tim, 1990. "The Conservation Reserve Program: An Economic Assessment," Agricultural Economic Reports 262029, United States Department of Agriculture, Economic Research Service.
    2. Salathe, Larry E. & Price, J. Michael, 1992. "Implications Of Raising The Nonfat Solids Standards For Beverage Milk," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 24(2), pages 1-13, December.
    3. Ribaudo, Marc O. & Colacicco, Daniel & Langner, Linda L. & Piper, Steven & Schaible, Glenn D., 1990. "Natural Resources and Users Benefit from the Conservation Reserve Program," Agricultural Economic Reports 308085, United States Department of Agriculture, Economic Research Service.
    4. Gavett, Earle E. & Grinnell, Gerald E. & Smith, Nancy L., 1986. "Fuel Ethanol and Agriculture: An Economic Assessment," Agricultural Economic Reports 308014, United States Department of Agriculture, Economic Research Service.
    5. Langley, James A. & Price, J. Michael, 1985. "Implications of Alternative Moving Average Loan Rates," Agricultural Economic Reports 307994, United States Department of Agriculture, Economic Research Service.
    6. Baum, Kenneth H. & Harrington, David H., 1983. "Effects of Alternative Economic Scenarios and Commodity Policies on Regional Representative Farms," Staff Reports 337010, United States Department of Agriculture, Economic Research Service.
    7. Young, C. Edwin & Hyberg, Brent T. & Price, J. Michael & Huang, Wen-Yuan & Lee, Chinkook & Sharples, Jerry L. & Dvoskin, Dan, 1989. "Economic Effects of Mandatory Production Controls," Agricultural Economic Reports 308047, United States Department of Agriculture, Economic Research Service.
    8. Harrington, David H. & Reimund, Donn A. & Baum, Kenneth H. & Peterson, R. Neal, 1983. "U.S. Farming in the Early 1980's: Production and Financial Structure," Agricultural Economic Reports 307951, United States Department of Agriculture, Economic Research Service.

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