Wisconsin dairy price support debate eyed by experts
Dr. Cropp analyzes the second 50 cent assessment on Wisconsin dairy farmers and the 8.4 percent production cut required for a refund. He notes varied impacts by production per cow and past increases, with calculations showing potential net gains for some and declines for others as Congress considers a 10 dollar incentive or a 1.50 cut in support prices tied to bottling milk and manufactured dairy products.
MENTIONED IN THIS ARTICLE
Cropp
Wisconsin
Dr. Cropp
Congress
Dairy Refund Program Sets Milk Price Adjustment Base
The Dairy Refund Program provides a second 50 cent deduction refund for producers of commercially marketed milk. Refunds depend on an 8.4 percent reduction in marketings relative to base averages, with bases defined as the average of Oct 1980-Sept 1982. Applications open Oct 1 to Dec 31 for 1982-83 and 1983-84 refunds, with 60 percent advance available after Apr 1, 1984.
MENTIONED IN THIS ARTICLE
ASCS
USDA
Commodity Credit Corp
CCC
John Black
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