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University of Connecticut Research on Dairy Compacts and Fluid Milk Pricing: Executive Summaries, Fact Sheets, and Price Charts

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  • Cotterill, Ronald

Abstract

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 premiums engendered by Compact implementation, is 2.7 cents per gallon. In our original study it was 4.5 cents per gallon. The difference is due to a reduction of 1.8 cents per gallon in cooperative premiums. This reduction occurred because cooperatives deferred to the Compact, eliminated power premiums, and charged only for the cost of actual services provided to milk processors.

Suggested Citation

  • Cotterill, Ronald, 2001. "University of Connecticut Research on Dairy Compacts and Fluid Milk Pricing: Executive Summaries, Fact Sheets, and Price Charts," Issue Papers 169382, University of Connecticut, Food Marketing Policy Center.
    • Handle: RePEc:ags:ucofmi:169382
    DOI: 10.22004/ag.econ.169382
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    Cited by:

    1. Ronald W. Cotterill, 2002. "A Northeast Dairy Compact Post Mortem," Issue Papers 28, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    2. Cotterill, Ronald, 2002. "A Northeast Dairy Compact Post Mortem," Issue Papers 169385, University of Connecticut, Food Marketing Policy Center.

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