Stewart, Hayden; Blayney, Donald P. - In: Agricultural and Resource Economics Review 40 (2011) 2
Farm milk prices tend to be volatile. Dairy farmers, industry pundits, and policymakers further tend to react to price volatility with alarm. One point of concern is the response of retail prices. This study investigates farm-to-retail price transmission in the 2000s for whole milk and cheddar...