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CED-80-88 1 (1980-07-21)

handle is hein.gao/gaobabawg0001 and id is 1 raw text is: 


BY THE COMPTROLLER GENERAL



Report To The Congress


OF THE UNITED STATES


Alternatives To Reduce Dairy Surpluses








The Government dairy price-support program
is viewed by many as the major cause of dairy
surpluses, which at times have been burden-
some. This program is based on the concept of
parity, a standard used to measure the degree
to which farm prices are in line with what the
Congress has defined as a fair goal. The stand-
ard does not fully consider production costs.
The price-support levels have promoted more
milk supplies than can be marketed commer-
cially at established market prices and have in-
creased milk producer returns to levels more
than sufficient to maintain productive capac-
ity.


GAO believes the time has come to reassess the
program. The report discusses several alterna-
tives for congressional consideration that could
help reduce surpluses and balance the interests
of producers, consumers, and taxpayers.


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              CED-80-88
           JULY 21, 1980

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