In the so-called Common Agricultural Policy (CAP) 'Health Check' the European Commission has recently proposed gradual transitional measures to allow a 'soft landing' of the milk sector to quota expiry. The aim of this paper is to support policy makers to get better insights in the implications...

In the so-called Common Agricultural Policy (CAP) 'Health Check' the EuropeanCommission has recently proposed gradual transitional measures to allow a 'soft landing' ofthe milk sector to quota expiry. The aim of this paper is to support policy makers to get betterinsights in the implications of...

This paper investigates potential impacts on milk production of Dutch dairy farms if feed prices increase, milk prices decrease and milk quotas are abolished. A quadratic cost function is estimated using panel data on individual dairy farms of the Dutch FADN. Marginal costs and revenues are...