In this analysis we compare the total expected government outlays and distribution of benefits under newly proposed dairy margin insurance programs to those under existing counter-cyclical payment programs. We combine simulation and structural modeling techniques to forecast milk price and dairy...

This article examines the operating cost structure of 15 cooperatively owned fluid milk processing plants. The selected plants range from small, low-volume facilities to large, high-volume plants with varying levels of capital and labor inputs. Operating costs are presented for the plants by...