Optimal Production Schedules for a Representative Farm Under Alternative Seasonal Milk Pricing Patterns of the Base-Excess Plan

Production of milk under various pricing policies were examined for a representative dairy farm operating under the base- excess plan. Three pricing scenarios ~re examined to determine calving schedule, milk production, and shadow prices . The period May- July was most profitable, and December- January the least profitable months for calving , under the base-excess program in the Mid- Atlantic Order. The representative producer responded to the pricing policies by shifting production in response to changes in the seasonal patterns of the base and excess prices.


Issue Date:
1981-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/160012
Published in:
Journal of the Northeastern Agricultural Economics Council, Volume 10, Number 1
Journal of the Northeastern Agricultural Economics Council
Page range:
23-29
Total Pages:
7




 Record created 2017-04-01, last modified 2017-08-27

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