The mayhem in the market for milk (Record no. 72285)

MARC details
000 -LEADER
fixed length control field 01684cam a2200217 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 030311n2003 000 0 eng u
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u121597
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Franks, J.
245 #4 - TITLE STATEMENT
Title The mayhem in the market for milk
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2003
490 ## - SERIES STATEMENT
Series statement Farm Management
Volume/sequential designation 11(7) January 2003, 459-480(12)
520 ## - SUMMARY, ETC.
Summary, etc. Recent trends in milk prices show that the average farm gate milk price as often failed to fully reflect the 'liquid milk price premium'. For long periods the farm gate price did not even represent the equivalent milk price for butter and skimmed milk powder valued at world market prices (AMPE). The need for supermarkets to launch milk price initiatives appears to confirm the market's failure to return a sustainable milk price. Farmers need marketing strategies that redress the market's failure and strengthen their negotiating power. If investments in new, low cost manufacturing plant are supported, the extra competition for milk should raise milk prices to at least its manufacturing value. But for these investments to capture a share of the liquid milk price premium, the farm gate-manufacturing price squeeze must not be replaced by a manufacturing-supermarket price squeeze. A regulator could use the excuse of market failure to reintroduce 'end-use pricing'. But in the meantime three recent market led initiatives and monitoring of retail prices by dairy farmers may help reconnect the UK farm gate milk price with its end-use value.
590 ## - LOCAL NOTE (RLIN)
Local note ABS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element MILK PRICES
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element MILK PRODUCTION
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element FARM-GATE SALES
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element SUPERMARKETS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element MILK MARKET
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element RURAL-MARKET
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     London London Journal article 11/03/2003   121597-1001 06/08/2019 1 06/08/2019 Journal article