The paper considers an industry transforming primary commodities (farm products) into processed commodities (food products). It focuses on the allocation of embedded characteristics (carbohydrate, protein, etc.) both across space and among commodities. The approach generates a spatial...

This report explores the effects on consumers and producers of terminating methods of supply management presently permitted through the use of Federal marketing orders for fruits, vegetables, and specialty crops. Changes in net social welfare are outlined both during the season controls are...

World Prices for Dairy Products Reach Unprecedented Highs from Short Supply and Strong Demand

Hot World Market For Milk Proteins Good News For U.S. Dairy Sector