TY - JOUR
T1 - An Economic Evaluation of the Food Security Act of 1985
T2 - The Dairy Title
AU - Kaiser, Harry M.
AU - Streeter, Deborah H.
AU - Liu, Donald J.
N1 - Copyright:
Copyright 2017 Elsevier B.V., All rights reserved.
PY - 1988
Y1 - 1988
N2 - This article examines the impact of the Food Security Act of 1985 on the nation's milk market. Market equilibrium variables for the duration of the Bill, 1986 through 1990, are simulated based on a previously estimated econometric model of the national dairy sector. Forecasts of cow numbers, production per cow, milk production, milk prices, commercial disappearance, and government removals and costs of the dairy price support program are presented and analyzed. The results provide quantitative evidence of the market impact of the Farm Bill, which should be useful to policy makers and industry leaders in shaping future dairy policies.
AB - This article examines the impact of the Food Security Act of 1985 on the nation's milk market. Market equilibrium variables for the duration of the Bill, 1986 through 1990, are simulated based on a previously estimated econometric model of the national dairy sector. Forecasts of cow numbers, production per cow, milk production, milk prices, commercial disappearance, and government removals and costs of the dairy price support program are presented and analyzed. The results provide quantitative evidence of the market impact of the Farm Bill, which should be useful to policy makers and industry leaders in shaping future dairy policies.
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U2 - 10.3168/jds.S0022-0302(88)79874-4
DO - 10.3168/jds.S0022-0302(88)79874-4
M3 - Article
AN - SCOPUS:85025747307
SN - 0022-0302
VL - 71
SP - 2799
EP - 2806
JO - Journal of Dairy Science
JF - Journal of Dairy Science
IS - 10
ER -
