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Please use this identifier to cite or link to this item: http://hdl.handle.net/11019/1006

Title: A New Direction for the Payment of Milk: Technological and Seasonality Considerations in Multiple Component Milk Pricing of Milk (Liquid and Manufacturing) for a Diversifying Dairy Industry
Authors: Breen, James
Wallace, Michael
Crosse, Seamus
O'Callaghan, Donal
Keywords: Milk pricing
Dairy industry
Issue Date: 1-Jan-2007
Publisher: Teagasc
Citation: Breen, J., Wallace, M., Crosse, S., O'Callaghan, D., A New Direction for the Payment of Milk: Technological and Seasonality Considerations in Multiple Component Milk Pricing of Milk (Liquid and Manufacturing) for a Diversifying Dairy Industry, End of Project Report, Teagasc, 2007
Series/Report no.: End of Project Reports;
Abstract: The main objectives of this study were to compare a Multiple Component Pricing system with the current milk pricing practice in Ireland and to estimate the marginal values of the three main milk components (fat, protein and lactose) in the context of the Irish milk processing industry. A representative linear programming model of an average Irish milk processor was developed in order to determine the marginal values of the milk components and to compare the value of milk under the Multiple Component Pricing system with the value under the current milk pricing practice. This study also examined the effect of product mix, milk supply and milk composition on the marginal value of the milk components.
Description: End of project report
URI: http://hdl.handle.net/11019/1006
Appears in Collections:Farm Management & Rural Development
REDP End of Project Reports

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