Negative producer price differentials in Federal Milk Marketing Orders: Explanations, implications, and policy options

ABSTRACT: In Federal Milk Marketing Orders (FMMO), which use multiple component pricing schemas, farmers are paid for delivered quantity of butterfat, protein, and other solids, plus a producer price differential (PPD). The PPD captures the difference between the total handler obligations to the poo...

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Bibliographic Details
Main Authors: Marin Bozic, Christopher A. Wolf
Format: Article
Language:English
Published: Elsevier 2022-01-01
Series:Journal of Dairy Science
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S0022030221009772