Program on Dairy Markets and Policy

A new report and video looking at market impacts of variations on Growth Management Programs is available on the website. You can access the material here or from the Podcast section of the web site.

Mark and Bob have been AWOL but now they're back. Milk production gains have been large, but surprisingly Cold Storage is showing a draw down of cheese stocks. Butter stocks are ample but not larger than expected. This is because domestic and export sales have been brisk. Mark and Bob discuss the current markets and the outlook for pricres. You can access the 11 minute video here or from the Podcast section of the web site.

We have authored two new papers looking at negative PPDs in Federal Milk Marketing Orders. A Working Paper examines the causes of the negative PPDs and policy options which could change the outcomes. And an Information Letter looks at the negative PPDs in seven Federal Orders for the month of March, 2021.