Table 1: Farm performance and willingness to pay for milk quota under different quota restrictions
In a dynamic optimization model for a representative German farm, 2025–2065
Scenario	Quota (% of Baseline)	Quota (kg)	Net Present Value (€)	Marginal WTP (€/kg)	Average Cows	GHG Emissions (t/yr)	N-Balance (kg/yr)
q100	100	393,260.3	1,560,370.0	0.0000	49.1600	1,791.3500	6,002.7800
q95	95	373,597.3	1,512,035.5	0.1910	46.7000	1,715.7100	5,941.8300
q90	90	353,934.3	1,467,737.8	0.1938	44.2400	1,641.5300	5,902.3000
q85	85	334,271.3	1,428,155.7	0.1901	41.7800	1,567.7800	5,869.6200
q80	80	314,608.3	1,368,880.4	0.2034	39.3300	1,485.9100	5,698.9100
q75	75	294,945.3	1,298,872.3	0.2128	36.8700	1,400.4700	5,467.4200
q70	70	275,282.2	1,228,140.9	0.2063	34.4100	1,314.7200	5,224.6400
q65	65	255,619.2	1,155,754.4	0.1977	31.9500	1,226.5700	4,918.4600
q60	60	235,956.2	1,084,105.5	0.1882	29.4900	1,138.6400	4,616.1700
Source: Full Farm Finance Quota Analysis.