An analysis of U.S. dairy industry supply-management plans conducted by Rich Sexton and Tina Saitone of the University of California-Davis are now available.
The authors of the study note: The U.S. dairy industry is considering a proposal to support federal legislation to implement supply management in the form of production quotas with “market-access fees” charged to those who exceed their production quota. We describe the proposed program, examine its potential to address low and unstable producer prices, and identify some key limitations and likely unintended consequences of the program.
Click here to download: "Supply Management for the U.S. Dairy Industry? Opportunities and Challenges"
Source: University of California-Davis and Western United Dairymen