000 01227cam a2200193 4500
001 ABS63360
008 000000n2000 000 0 eng u
035 _a(Sirsi) u110167
100 _aFranks, J
245 _aMilk quota leasing prices and the 'end of season effect'. Will it continue?
260 _c2000
490 _aFarm Management
_v10(11) October 2000, 643-653(6)
520 _aThe milk quota lease price often increases towards the end of the quota trading year. The 'end of season effect' occurs because some farmers are unable to reduce production to their effective quota - even though there are clear indications that superlevy will be incurred. In these circumstances, farmers adopt a second best strategy of increasing the price they bid to lease quota because this can reduce the financial loss associated with the production and disposal of over-quota milk. But in the Agenda 2000 agreement, the deadline for leasing quota was extended to the end of the milk quota year and may change trading patterns and consequently reduce the end of season effect on prices. References.
590 _aABS
650 _aMILK QUOTAS
650 _aLEASE PRICE
690 _aRURAL-FARM BUSINESS MANAGEMENT
942 _n0
999 _c65701
_d65701