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Our recent meeting provided a factual basis for analysis of alternative milk policies. We analyzed the cost of production on farms, in processing, and in retailing. We collected and analyzed prices at the retail, wholesale, and farm level. This exercise gave us a rare glimpse into the...
Persistent link: https://www.econbiz.de/10010777189
The proposed Connecticut milk pricing law for milk establishes two price collars. The general concept is as follows. Wholesale fluid milk prices will be limited to no more than 140% of the raw fluid price, and retail prices will be limited to no more than 140% of the wholesale price. These 140%...
Persistent link: https://www.econbiz.de/10010777196
In our prior papers, most notably the report dated April 23, 2002 by Cotterill, et. al. We have proposed that the retail price collar be set at 130% and that it be applied only to private label milk. In this briefing paper we will justify the setting of the retail price collar at 130% and...
Persistent link: https://www.econbiz.de/10010777199
Late in the afternoon before this hearing we received a copy of the report, MFA/Schnittker. At this time we would like to provide a preliminary response to the Massachusetts Food Association and Dr. Schnittker. Perhaps the most egregious flaw in their report is the equation of the proposed...
Persistent link: https://www.econbiz.de/10010777220
Should milk be priced at $2.00 or $6.00 per gallon, or for that matter at any other price? What determines the value of milk? Recently at least one observer has stated opposition to the proposed price collar “compact plus” policy because it doesn’t reflect the “full value” of milk....
Persistent link: https://www.econbiz.de/10010777226