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A Northeast Dairy Compact Post Mortem

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  • Cotterill, Ronald

Abstract

This briefing paper presents some facts that pertain to the overall performance of the milk-marketing channel in New England. It updates information provided in earlier papers that focused upon dairy pricing during and immediately prior to the Compact era. (Cotterill, 2001a, b, Cotterill and Franklin, 2001a, b, c ).Those papers are available on our website www.are.uconn.edu/fmktc.html. Click on “Northeast Dairy Compact” to locate them. Figure 1 updates price series in these prior papers. It uses the Order One Market Administrator’s retail price series for Boston and the Compact or Class 1 announced raw fluid milk price series to track monthly and retail and “farm” prices from January 1996 to October 2002. The two vertical lines identify the advent and end of the Northeast Dairy Compact. Note that the farm price dropped dramatically soon after the end of the Compact and has trended down to less than $1.15 per gallon in October 2002.

Suggested Citation

  • Cotterill, Ronald, 2002. "A Northeast Dairy Compact Post Mortem," Issue Papers 169385, University of Connecticut, Food Marketing Policy Center.
    • Handle: RePEc:ags:ucofmi:169385
    DOI: 10.22004/ag.econ.169385
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    File URL: https://ageconsearch.umn.edu/record/169385/files/ip28.pdf
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    References listed on IDEAS

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    1. Ronald W. Cotterill & Andrew W. Franklin, 2001. "The Impact Of The Northeast Dairy Compact: A Comparative Evaluation Of Two Studies," Issue Papers 23, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    2. Cotterill, Ronald & Franklin, Andrew, 2001. "The Impact Of The Northeast Dairy Compact: A Comparative Evaluation Of Two Studies," Issue Papers 169379, University of Connecticut, Food Marketing Policy Center.
    3. 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.
    4. Cotterill, Ronald, 2001. "Testimony on the Impact of the Northeast Dairy Compact and Market Channel Pricing Strategies on the Performance of the New England Dairy Industry," Issue Papers 169381, University of Connecticut, Food Marketing Policy Center.
    5. Ronald W. Cotterill, 2001. "Testimony on the Impact of the Northeast Dairy Compact and Market Channel Pricing Strategies on the Performance of the New England Dairy Industry," Issue Papers 24, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
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    Cited by:

    1. Ronald W. Cotterill, 2003. "The Impact of the Northeastern Dairy Compact on New England Consumers: A Report from the Milk Policy Wars," Food Marketing Policy Center Research Reports 077, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    2. Ronald W. Cotterill, 2005. "The impact of the Northeast Dairy Compact on New England consumers: A report from the milk policy wars," Agribusiness, John Wiley & Sons, Ltd., vol. 21(4), pages 455-471.

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