Theoretical and practical aspects of milk quota trading in agricultural holdings

Main Article Content

Henryk Runowski


Keywords : production limitation, milk quota, value, demand, supply, equilibrium price
Abstract
Agricultural production exhibits seasonal fluctuations, caused by both natural and economic factors. These in turn result in varying volumes of supply and subsequently the prices of agricultural products. In order to counteract these unfavourable phenomena, individual countries and their economic groups make various attempts to stabilise the agricultural product markets and farmer incomes. The paper presents the theoretical and practical results of milk quota trading in agricultural holdings. It discusses the problems of estimation of the value of milk quota, the relations between the demand and supply and milk quota prices on the market and determines the economical effects of milk quota transfer in dairy farms.

Article Details

How to Cite
Runowski, H. (2006). Theoretical and practical aspects of milk quota trading in agricultural holdings. Annals of Agricultural Economics and Rural Development, 93(1), 15–24. https://doi.org/10.22630/RNR.2006.93.1.2
References

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