Document Type

Article

Journal/Book Title/Conference

Economic Research Institute Study paper

Publisher

Utah State University

Publication Date

1-1-1987

First Page

1

Last Page

28

Abstract

After watching the support price increase rapidly during the 1970's, plateau at $13.10 during the early 1980s, then gradually decrease to $11.35 on January 1 of 1987, many are beginning to wonder whether the price support program still works, particularly in view of the fact that while the support price has fallen in recent years, there has still been a tendency for milk production to continue to increase (Figure 1).


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