Download or read book Changing Structure Financial Risks and Government Policy for the U S Dairy Industry written by James Michael MacDonald and published by . This book was released on 2016 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Congress created the Dairy Margin Protection Program (MPP-Dairy) in 2014 to provide farmers with financial protection against risks from increasing volatility in milk and feed prices. This report focuses on the interrelated topics of structural change in dairy production, changes in dairy product markets, growing price volatility, and dairy policy.
Download or read book Milk Price Support Program and Other Policies Affecting the U S Dairy Industry written by National Commission on Dairy Policy (U.S.) and published by . This book was released on 1988 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Dairy Programs written by United States. General Accounting Office and published by . This book was released on 1990 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report and Recommendations of the National Commission on Dairy Policy written by National Commission on Dairy Policy (U.S.) and published by . This book was released on 1989 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Milk Price Support Program and Other Policies Affecting the U S Dairy Industry Background papers April 1988 written by National Commission on Dairy Policy (U.S.) and published by . This book was released on 1988 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report and Recommendations National Commission on Dairy Policy written by National Commission on Dairy Policy (U.S.) and published by . This book was released on 1988 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Dairy Industry written by United States. Government Accountability Office and published by DIANE Publishing. This book was released on 2004 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Profits costs and the the changing structure of dairy farming written by and published by . This book was released on 2007 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: U.S. dairy production is consolidating into fewer but larger farms. This report uses data from several USDA surveys to detail that consolidation and to analyze the financial drivers of consolidation. Specifically, larger farms realize lower production costs. Although small dairy farms realize higher revenue per hundredweight of milk sold, the cost advantages of larger size allow large farms to be profitable, on average, even while most small farms are unable to earn enough to replace their capital. Further survey evidence, as well as the financial data, suggest that consolidation is likely to continue.
Download or read book Recent Dairy Policy Publications with Selected Annotations written by Suzanne L. Dash and published by . This book was released on 1984 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Dynamic Patterns of Change in Structure Under Different Support Policy Regimes written by Erica Jean Pagel and published by . This book was released on 2005 with total page 716 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Effects of U s Dairy Policy and Alternative Approaches to Milk Pricing written by United States Department of Agriculture and published by CreateSpace. This book was released on 2015-02-01 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Congress, in the Farm Security and Rural Investment Act of 2002 (the 2002 Act), directed the Secretary of Agriculture to conduct a “comprehensive economic evaluation of the … effects of the various elements of the national dairy policy.” The Act further directed the Secretary to study the effects of (a) terminating Federal milk price support and supply management programs, and (b) allowing State cooperation to manage milk prices and supply. Both studies deal with similar questions that relate to the effects of government policies on economic outcomes. For this reason, the two studies are combined into this single report. This report examines the effects of national dairy policy and its component programs as defined in the 2002 Act on milk and dairy product markets, farm households, nutrition programs, and the rural economy. These programs include: Federal milk marketing orders, the Federal milk price support program, State pricing programs and State-mandated over-order premiums, interstate dairy compacts, direct payments to milk producers, and the dairy export incentive program (DEIP). The report focuses on the following questions: what have been the measurable effects of dairy programs on economic variables—price level and volatility, milk production, and producer revenues? How have these market impacts in turn affected farms, rural economies, and nutrition programs? How might States cooperate to support prices in the absence of a Federal price support program? The standard tools of economic analysis are used to address these questions, but there are also other forces at work that have influenced the dairy sector. Changes in the dairy sector should be considered in a larger context with a longer-run perspective. Thus, the first part of this report answers another, related question: what factors can we identify that have been responsible for changes in the dairy sector?
Download or read book Essays on Pricing and Policy in the U S Dairy Industry written by Charng-Jiun Yu and published by . This book was released on 2020 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dairy industry is one of the most important components in U.S. economy. Milk production added substantial value to the agricultural sector. In 2017, U.S. dairy farmers produced 38.1 billion dollars worth of milk. On the consumption side, Americans on average consume 244 pounds of dairy products in a year. Despite the significance of the U.S. dairy industry, several important economic issues in pricing and policy are not studied. With the improvement in data quality over the past decade, there is an emerging opportunity for empirical studies to analyze the U.S. dairy industry and provide economic insights to a more general scope. My dissertation provides empirical analysis to understand the pricing and policy issues for producers, retailers, and consumers in the U.S. dairy industry. Specifically, in the following three chapters I study the relationship between market power and farm-retail price transmission, the impact of environmental regulations on dairy farm management, and the relationship between price and perceived quality in consumer choice of cheese products. In the first chapter, I seek to understand the impact of market competitiveness on the degree of asymmetric price transmission and associated welfare implications. I estimate a kinked Almost Ideal Demand System for fluid milk products in 18 U.S. metropolitan areas. By conducting an asymmetric price transmission test, I find that cities with less competitive food retailing tend to exhibit asymmetric price transmission. The degree of price asymmetry and associated welfare loss are decreasing in the market competitiveness. The welfare analysis suggests that the welfare loss due to asymmetric price transmission is large in terms of the percentage of milk expenditures. The potential is for substantially higher future welfare loss given the ongoing consolidation in food retailing industry. In the second chapter, I quantify the impact of the Clean Water Act (CWA) on farm waste management practices of U.S. dairy concentrated animal feeding operations (CAFOs). A double-hurdle model is employed to examine how dairy farmers adjust their practices in response to the major policy revision of the CWA in 2003. Using the 2000 and 2010 Agricultural Resource Management Survey data, I find that CAFO farmers who follow the management standards of the nutrient management plan (NMP) required by the CWA are more likely to implement manure storage after the policy revision. There are, however, no significant changes in storage capacity for those who have already adopted. Furthermore, CAFOs that fail to comply with NMPs did not make significant changes in storage capacity, land application of manure, and manure removal. The results suggest a heterogenous and limited impact of the CWA on waste management practices of dairy CAFOs. In the third chapter, I examine how prices affect consumers' perception of quality and consequently their product choices using individual consumers' purchase records in the U.S. cheese market. I hypothesize that price affects product choices by two channels: (i) a "pure price" effect directly affecting the purchase cost, and (ii) a "perceived quality" effect affecting the perceived product quality. In the empirical analysis, I complement the traditional mixed logit model with the conditions of purchasing behavior and utilize the Nielsen consumer panel and retail scanner data of the U.S. cheese markets from 2012 to 2014. The results suggest a strong perceived quality effect. With a 10% increase in the price of a cheese product, the corresponding choice probability would on average decrease by 5.4%, which consists of a 13.0% decrease due to higher purchase cost and a 7.6% increase driven by higher perceived quality. For approximately 10% of the cheese products, the ratios of the perceived quality elasticity to the total price elasticity are greater than 3.69; on the lower end, the ratios are lower than 0.24 for another 10% of the products. Such a large value is indicative of a large heterogeneity of the price impact on perceived quality across products. In addition, the impact of price on perceived varies across different types of households. Finally, I find that the perceived quality effect decreases with repeat purchases. These findings have significant implications for retailers' marketing strategy, government policy, and analysis of product competition.
Download or read book Milk Price Support Program and Other Policies Affecting the U S Dairy Industry written by National Commission on Dairy Policy (U.S.) and published by . This book was released on 1988 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agricultural Policy in Disarray written by Vincent H. Smith and published by Rowman & Littlefield. This book was released on 2018-12-13 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural Policy in Disarray provides fascinating, detailed, and contemporary evidence of how rent-seeking by small, well-organized interest groups results in government policies that do little good and much harm.
Download or read book Milking in the Shadows written by Julie C. Keller and published by Rutgers University Press. This book was released on 2019-01-07 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Migrant workers live in a transnational world that spans the boundaries of nation-states. Yet for undocumented workers, this world is complicated by inflexible immigration policies and the ever-present threat of enforcement. Workers labeled as “illegals” wrestle with restrictive immigration policies, evading border patrol and local police as they risk their lives to achieve economic stability for their families. For this group of workers, whose lives in the U.S. are largely defined by their tenuous legal status, the sacrifices they make to get ahead entail long periods of waiting, extended separation from family, and above all, tremendous uncertainty around a freedom that many of us take for granted—everyday mobility. In Milking in the Shadows, Julie Keller takes an in-depth look at a population of undocumented migrants working in the American dairy industry to understand the components of this labor system. This book offers a framework for understanding the disjuncture between the labor desired by employers and life as an undocumented worker in America today.
Download or read book Spoiled written by Anne Mendelson and published by Columbia University Press. This book was released on 2023-04-25 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why is cows’ milk, which few nonwhite people can digest, promoted as a science-backed dietary necessity in countries where the majority of the population is lactose-intolerant? Why are gigantic new dairy farms permitted to deplete the sparse water resources of desert ecosystems? Why do thousands of U.S. dairy farmers every year give up after struggling to recoup production costs against plummeting wholesale prices? Exploring these questions and many more, Spoiled is an unflinching and meticulous critique of the glorification of fluid milk and its alleged universal benefits. Anne Mendelson’s groundbreaking book chronicles the story of milk from the Stone Age peoples who first domesticated cows, goats, and sheep to today’s troubled dairy industry. Spoiled shows that drinking fresh milk was rare until Western scientific experts who were unaware of genetic differences in the ability to digest lactose deemed it superior to traditional fermented dairy products. Their flawed beliefs fueled the growth of a massive and environmentally devastating industry that turned milk into a cheap, ubiquitous commodity. Mendelson’s wide-ranging account also examines the consequences of homogenization and refrigeration technologies, the toll that modern farming takes on dairy cows, and changing perceptions of raw milk since the advent of pasteurization. Unraveling the myths and misconceptions that prop up the dairy industry, Spoiled calls for more sustainable, healthful futures in our relationship with milk and the animals that provide it.
Download or read book Improving Data Collection and Measurement of Complex Farms written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2019-02-21 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: America's farms and farmers are integral to the U.S. economy and, more broadly, to the nation's social and cultural fabric. A healthy agricultural sector helps ensure a safe and reliable food supply, improves energy security, and contributes to employment and economic development, traditionally in small towns and rural areas where farming serves as a nexus for related sectors from farm machinery manufacturing to food processing. The agricultural sector also plays a role in the nation's overall economic growth by providing crucial raw inputs for the production of a wide range of goods and services, including many that generate substantial export value. If the agricultural sector is to be accurately understood and the policies that affect its functioning are to remain well informed, the statistical system's data collection programs must be periodically revisited to ensure they are keeping up with current realities. This report reviews current information and makes recommendations to the U.S. Department of Agriculture's (USDA's) National Agricultural Statistics Service (NASS) and Economic Research Service (ERS) to help identify effective methods for collecting data and reporting information about American agriculture, given increased complexity and other changes in farm business structure in recent decades.
