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Price gouging is commonly perceived to be a consumer issue, however it also is a farmer issue. Currently, retail fluid milk prices in New England are as much as a dollar per gallon above supply costs (Cotterill et al. 2002; Mohl 2002). Yes, consumers are paying too much; but farmers are also...
Persistent link: https://www.econbiz.de/10010816388
The branded integration strategy is not new. Recall that Agrimark owned Hood in a joint venture with Agway for many years. It did not work for many reasons, including the fact that Agrimark was prohibited by the U.S. Justice Department from direct representation on the Hood board of directors....
Persistent link: https://www.econbiz.de/10010777188
Farmers want to know how this proposed law will benefit them. This briefing paper explains in a general fashion how the proposed law benefits farmers. Actual benefits from the law will depend critically on the detailed regulations that the Commission promulgates. Those details will include the...
Persistent link: https://www.econbiz.de/10010777198
Using recently obtained data on cooperative premiums that give us a more direct estimate of the actual prices paid by processors for raw milk in New England, we have recalculated our impact models. The Northeast Dairy Compact’s impact on consumers, computed net of changes in cooperative...
Persistent link: https://www.econbiz.de/10010777206
This paper compares and evaluates two recent studies of the impact of the Northeast Dairy Compact. On May 2, 2001 we released “The Public Interest and Private Economic Power: A Case Study of the Northeast Dairy Compact.” A year earlier Professor Kenneth Bailey, Pennsylvania State University...
Persistent link: https://www.econbiz.de/10010777216
There is substantial concern in the state about the economic health of our two remaining independent milk processors, Guida-Seibert Milk Company, New Britain; and Marcus Dairy, Danbury, Connecticut. Some Connecticut farmers are also exploring the possibility of constructing a new cooperative...
Persistent link: https://www.econbiz.de/10010777224
In this paper we interpret and explain in more detail the economic analysis contained in our report, The Public Interest and Private Economic Power: A Case Study of the Northeast Dairy Compact. This paper contains a graphic deconstruction of the price analysis that is presented in that report....
Persistent link: https://www.econbiz.de/10010777227
This briefing paper is in a question and answer format. If you are interested in exactly how the fair share law fits with other dairy policy initiatives and how it addresses a new dairy pricing problem – excessive market power in the fluid milk marketing channel this paper is for you. The last...
Persistent link: https://www.econbiz.de/10010777235