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| Manchester, Alden C.; Blayney, Donald P.. |
| This report provides a primer on the complex pricing system that has evolved in the United States to deal with milk production, its assembly (collection), and its distribution to alternative users. All the various government and private institutions making up the system are expected to work together to ensure that the public gets the milk it wants, while dairy farmers get the economic returns needed to provide the milk. The major institutions are the Federal milk price support program and milk marketing orders, the Northeast Interstate Dairy Compact, State regulations, dairy cooperatives, and milk and dairy product futures and options markets. Our goal is to provide a primer on milk pricing that can serve as a steppingstone to other, more detailed works... |
| Tipo: Report |
Palavras-chave: Dairy; Milk pricing; Demand and Price Analysis; Livestock Production/Industries. |
| Ano: 2001 |
URL: http://purl.umn.edu/33612 |
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| Meneghini,Rafael Cedric Möller; Cassoli,Laerte Dagher; Martines Filho,João Gomes; Xavier,Carlos Eduardo Osório; Santos,Marcos Veiga dos; Caixeta Filho,José Vicente; Natel,Andressa Santanna; Machado,Paulo Fernando. |
| ABSTRACT The current pricing process of raw milk in Brazil discourages producers from improving milk composition, which affects both yield and quality of dairy products. Furthermore, small and medium-sized dairies face great difficulties when it comes to planning production. Thus, a linear programming model was developed to price the raw milk and determine the optimal mix (combination of quantities) of dairy products that maximizes total contribution margin (TCM) under daily scenarios of high (January) and low (July) raw milk supplies (summer and winter, respectively) by comparing optimal solutions with actual results. The TCM of optimal and actual mixes were higher in January due to the greater availability of raw material. Packaging was a limiting factor... |
| Tipo: Info:eu-repo/semantics/article |
Palavras-chave: Contribution margin; Dairy products; Linear programming; Milk components; Milk pricing. |
| Ano: 2016 |
URL: http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-90162016000100051 |
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