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Pricing and Policy Problems in the Northeast Fluid Milk Industry

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  • Cotterill, Ronald W.

Abstract

This article documents the need for reform of milk pricing in the Northeast. The New York price gouging law can be recast as a fair share law. This new milk policy “kills two birds with one stone.” It corrects regional inequities in raw milk pricing by reforming the pricing of milk at retail by limiting and redistributing excessive retail margins to farmers and consumers. The fair share policy relieves allocative price inefficiency, improves the performance of the federal milk market order pool, and improves the general performance of the Northeast dairy farming and fluid milk industries.

Suggested Citation

  • Cotterill, Ronald W., 2006. "Pricing and Policy Problems in the Northeast Fluid Milk Industry," Agricultural and Resource Economics Review, Cambridge University Press, vol. 35(2), pages 239-250, October.
    • Handle: RePEc:cup:agrerw:v:35:y:2006:i:02:p:239-250_00
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    Cited by:

    1. Ronald W. Cotterill, 2006. "Annotated and Expanded Minutes of the Milk Marketing Policy Meeting," Issue Papers 51, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    2. Rabinowitz, Adam. N. & Liu, Yizao, 2014. "The Impact of Regulatory Change on Retail Pricing: The New York State Milk Price Gouging Law," Agricultural and Resource Economics Review, Cambridge University Press, vol. 43(1), pages 178-192, April.
    3. Cotterill, Ronald, 2006. "Annotated and Expanded Minutes of the Milk Marketing Policy Meeting University of Connecticut July 18, 2006," Issue Papers 170030, University of Connecticut, Food Marketing Policy Center.

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