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Class III Milk in the New York Milkshed: III. Costs of Manufacturing Dairy Products

Author

Listed:
  • Owens, T. R.
  • Clarke, D. A., Jr.

Abstract

Excerpt from the report Preface: This report describes the development of processing costs for 11 plants; 1 receiving, cooling, and shipping milk, and 10 manufacturing various dairy products or combinations of products. The procedure used was the synthetic method of cost analysis, utilizing the various inputs (in efficient combinations) with current prices to arrive at typical costs for plants of specified volumes. The report describes in detail the procedure by which costs were estimated in three kinds of plants: (1) A receiving station, (2) a Cheddar cheese plant, and (3) a plant producing cream and nonfat dry milk. The report also gives a description and cost analysis of the modifications required to process other combinations of products. Finally, unit costs are presented in terms of processing 100 pounds of milk into the respective products or combinations of products.

Suggested Citation

  • Owens, T. R. & Clarke, D. A., Jr., 1960. "Class III Milk in the New York Milkshed: III. Costs of Manufacturing Dairy Products," Marketing Research Reports 311297, United States Department of Agriculture, Agricultural Marketing Service, Transportation and Marketing Program.
  • Handle: RePEc:ags:uamsmr:311297
    DOI: 10.22004/ag.econ.311297
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    File URL: https://ageconsearch.umn.edu/record/311297/files/mrr400.pdf
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    References listed on IDEAS

    as
    1. Walker, Scott A., 1953. "Pricing Milk to Farmers at Butter- Nonfat Dry Milk Plants," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 5(4), pages 1-2, October.
    2. Guy Black, 1955. "Synthetic Method of Cost Analysis in Agricultural Marketing Firms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 37(2), pages 270-279.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. French, Ben C., 1977. "PART II. The Analysis of Productive Efficiency in Agricultural Marketing: Models, Methods, and Progress," AAEA Monographs, Agricultural and Applied Economics Association, number 337214, january.

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