Antimicrobial use (AMU) in animal agriculture contributes to antimicrobial resistance (AMR) in humans, which imposes significant health and economic costs on society. Economists call these costs negative externalities, societal costs that are not properly reflected in market prices. We review...

Both the world milk price and the world feed price have become more volatile during the last 7-8 years. The ability of dairy farmers to adapt quickly to these changing circumstances will be a key driver for future success, considering that feed is the major cost component in milk production and...

Antimicrobial use in animal agriculture contributes to antimicrobial resistance in humans, which imposes significant health and economic costs on society. These costs are negative externalities. We review the relevant literature and develop a model to quantify the external costs of antimicrobial...