Documentation for the USDA, Economic Research Service Annual U.S. Dairy Sector Econometric Model

by Jerry Cessna, Molly DelCurto, Angel Terán, and Joseph Crouse

This report provides documentation for the Annual U.S. Dairy Sector Model used by the USDA, Economic Research Service (ERS). Using econometric estimation, this dynamic model provides projections for supply, demand, and prices for U.S. milk and dairy products over a 10-year period. The model provides support for U.S. dairy projections (baseline projections) published in the USDA Agricultural Projections report each year. The model is also used to provide scenario analyses related to market conditions and various Federal Government policies.

How to Cite:

Cessna, J., DelCurto, M., Teran, A., & Crouse, J. (2023). Documentation for the USDA, Economic Research Service annual U.S. dairy sector econometric model (Report No. TB-1961). U.S. Department of Agriculture, Economic Research Service. https://doi.org/10.32747/2023.8122122.ers

Keywords: dairy industry, dairy model, dairy forecasts, dairy projections, dairy sector, USDA baseline

In this publication...

• Entire Report
• Report summary