Dairy Program Alternatives for the 1980's
Dairy Program Alternatives for the 1980's

Author: Larry E. Salathe

Publisher:

Published: 1984

Total Pages: 44

ISBN-13:

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Extract: About 10 percent more milk is produced than is needed to balance supply and demand. Annual dairy program costs total over $2.2 billion and CCC stocks are in excess of 15 percent of annual commercial disappearance. These factors have led to pressure to change the dairy price support program, but there appears to be little agreement as to specific changes. This paper analyzes the effects of 17 potential dairy program options on farmers, consumers, and taxpayers. The results provide a basis upon which policymakers, consumers, and farmers can systematically evaluate various dairy program proposals.

Review of Existing and Alternative Federal Dairy Programs
Review of Existing and Alternative Federal Dairy Programs

Author:

Publisher:

Published: 1984

Total Pages: 116

ISBN-13:

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Extract: Real milk prices 15-20 percent lower than in 1983 would approximately balance production and consumption under conditions projected for the dairy industry during the remainder of the eighties. Government purchase, storage, and disposal could effectively stabilize prices near this level, but these are wasteful means of raising prices and, thereby, enhancing producers' incomes. Other programs such as direct payments, supply control, and price discrimination can transfer income to farmers at less cost to society in the short run, but can lead to serious inefficiencies over time. Changes in the marketing order program to bring prices charged to processors and paid to producers more in line with the value of the services associated with the milk would contribute to the efficiency of the industry.

GAO Documents
GAO Documents

Author: United States. General Accounting Office

Publisher:

Published: 1980

Total Pages: 844

ISBN-13:

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Catalog of reports, decisions and opinions, testimonies and speeches.