Economic Trends in Milk Pricing and Marketing

Abstract

This paper discusses several contemporary issues relating to the pricing and marketing of milk and dairy products. We begin at the consumer side of the marketing system, looking at trends in consumption of dairy products and their implications for dairy farmers. We then turn to farm milk pricing institutions, separately examining the current status and fate of the dairy price support program and federal milk marketing orders. Finally, we discuss an assortment of other issues that will influence farm milk prices during the next ten years