000			01384cam a2200229 4500
001			ABS64449
008			010828n2001 000 0 eng u
035			_a(Sirsi) u114336
100			_aFranks, J
245			_aTrends in the economics of milk production in England and Wales: some predictions of the future structure
260			_c2001
490			_aFarm Management _v11(2) July 2001, 67-85(10)
520			_aA review of the economics of milk production between 1987/88 and 1996/97 shows how smaller herds came under increased financial pressure. In part this was because milk price premium ceased to be captured by smaller dairy enterprises after 1994/95. Predictions of the future structure of dairy production to 2006 are also presented. Two methodologies suggest between 9,000 and 11,000 dairy farms will cease milk production by 2006. These estimates are based on 1996/97 dairy enterprise data and June census data. But the lower milk prices and poor profitability since 1996/97, together with technological developments, suggest these predictions may underestimate the number of dairy farms ceasing milk production. Taken from journal abstract.
590			_aABS
650			_aDAIRY FARMS
650			_aMILK PRODUCTION
650			_aMILK QUOTA
650			_aRURAL ECONOMY
650			_aLIVESTOCK FARMING
690			_aRURAL-AGRICULTURE AND FORESTRY
942			_n0
999			_c68083 _d68083