Alternative Solutions to the Dairy Problem and the Role of the Agricultural Economist in Policy Formation and Analysis
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Dairy product markets have been burdened
with excess supplies since late 1979. The principal
cause of these surpluses is overly high
government price supports. This situation can be
traced to a series of policy decisions made in
the mid-1970s.
The evolution of dairy policy during the
last 10 years is examined and the implications of
recent policy proposals are explored. The contributions
of agricultural economists to the
formulation of rational dairy policy is discussed
and suggestions for improving their contributions
to and influence on policy are made.