Download Free Supply Response And Interregional Competition In The Midwest Dairy Industry Book in PDF and EPUB Free Download. You can read online Supply Response And Interregional Competition In The Midwest Dairy Industry and write the review.

Originally published in 1984 this book remains as relevant as when it was first published. At that time the oil crises of the 1970s and the growing international debt burden highlighted the extent to which events in primary commodity markets continue to influence the economies of developing and industrialized economies alike. Commodity modelling has become a valuable tool in efforts to predict and understand the behaviour of commodity markets and thereby reduce their fluctuations. This book provides an overview of the nature of the different types of commodity model as well as their diverse applications. In non-technical language the reader is introduced to the underlying modelling methodologies, including their advantages, limitations and commodity specific implications. The book will be of interest to commodity economists, traders and analysts, economic planners and those involved in agricultural, mineral and energy modelling.
Agricultural planning, individual or national, depends on an understanding of competition in farm products between one region of the United States and another. The agriculture of different parts of the United States competes constantly with that of other parts--as, for example, the early competition in cotton between the northern frontier and southern growers, later between the southwest frontier and the Old South, and recently between California and the South. There is equally strong competition between potato-growing regions. It is this inter-regional competition in a country with no trade barriers which two outstanding economists analyze in this book. They present the results of a concrete study of one outstanding example: competition in dairy production between the Northeastern States and the Lake States of the central Midwest for the New England market for fluid milk and cream. Six selected sample areas were analyzed carefully in each region in 1935-36 and predictions were made about future production and marketing of dairy products in each of these areas. Ten years later these areas were surveyed and the production changes compared with the predictions. The authors' conclusions about the conditions under which New England will be able to continue to compete with the lake states for the New England market are significant in themselves. Even more important, however, is the development of a method of analysis which can be widely employed to furnish the information which is needed to guide future developments in the agriculture of the United States or in any other country. This study is therefore an important contribution to the theory of interregional and international trade.
Abstracts of dissertations available on microfilm or as xerographic reproductions.
Intitutions and technological developments influencing market organization; Procurement markets for milk; The fluid milk and ice cream industries; Changing organization and structure in dairy manufacturing; The creamery butter industry; The nonfat dry milk industry; The natural and processed cheese industry; The evaporated milk industry; Performance. Some implications.