Presented at the 1999 AAEA Annual Meeting: Nashville, TN, August 8, 1999. 14 pages. Conference hosted by the Agricultural & Applied Economics Association.
Copyright © 1999 by Charles F. Nicholson, Budy Resosudarmo, and Rick Wackernagel. All rights reserved. Readers may make verbatim copies of this document for non-commercial purposes by any means provided that this copyright notice appears on all such copies.
NOTE: At the time of publication, the author Charles F. Nicholson was not yet affiliated with Cal Poly.
During the first year of the Northeast Interstate Dairy Compact, milk production in the six New England states increased by about 57 million pounds, or about 1.3% of production compared to the 12 months prior to the Compact. Increases in milk production were largest in Connecticut (31 million pounds) and Vermont (21 million pounds), whereas Maine and New Hampshire experienced increases of less than 10 million pounds. Production in Massachusetts and Rhode Island declined by 9 million and 0.4 million pounds, respectively. Because the rate of increase for New England was larger than the US average, the Compact Commission incurred obligations to the CCC for purchases of dairy products.
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