RECENT NEWS
Financial Times  Aug 29  Comment 
Dairy products remain a sticking point as US-Canada talks continue in Washington
The Hindu Business Line  Aug 16  Comment 
Calls for empowering people with information to make the right choice
The Economic Times  Aug 7  Comment 
Dairy products maker Kwality has delayed reporting its financial results for the quarter ended June 2018 citing technical snag.
USDA NASS  Aug 2  Comment 
Total cheese output (excluding cottage cheese) was 1.06 billion pounds, 1.8 percent above June 2017 but 1.9 percent below May 2018....
USDA NASS  Jul 5  Comment 
May 2018 Highlights...Total cheese output (excluding cottage cheese) was 1.09 billion pounds, 1.4 percent above May 2017 and 1.7 percent above April 2018....
USDA NASS  Jun 4  Comment 
Total cheese output (excluding cottage cheese) was 1.07 billion pounds, 0.9 percent above April 2017 but 3.7 percent below March 2018....
The Hindu Business Line  May 31  Comment 
KSE Ltd, a leading manufacturer of cattle feed and dairy products, plans to expand into Karnataka as part of its expansion activities.The Kerala-base
The Hindu Business Line  Apr 19  Comment 
Meenakshi Verma Ambwani Baba Ramdev-led Patanjali Ayurved, which has gained a strong market share in the cow ghee segment, now plans to replicate th
USDA NASS  Apr 4  Comment 
Total cheese output (excluding cottage cheese) was 982 million pounds, 4.2 percent above February 2017 but 10.5 percent below January 2018....
Agrimoney.com  Apr 4  Comment 
The latest Global Dairy Trade (GDT) Auction saw the overall GDT Dairy Price Index drop 0.6% to 1030, but this masks some variation in the value of individual dairy products.




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In the US, dairy has a farm value of production that makes it second only to beef. Despite increasing efficiency of production, domestic dairy demand has remained so high that US dairy farmers have found little incentive to export abroad. Significant export activity is limited to powdered milk and cheese to Mexico. But as seen in Chart 1, the US imports large quantities of dairy products, especially relatively expensive cheese products from the European Union.

Dairy prices are historically relatively stable. However, even small fluctuations in price can have a big effect on related companies. The USDA projects that a slight increase in the number of milk-producing cows and increasing milk production efficiency will result in a continued drop in domestic dairy prices.

The USDA forecasted the 2007 all milk price 10 cents higher than the earlier $19.05 prediction to $19.15. In 2008, the all milk price forecast is increased from $18.00 to $18.80. The minimum price of raw milk is regulated in most parts of the country by the government at $9.90, but ever since Cooperatives Working Together (CWT), a dairy farmers group, put into place initiatives in 2002 to control milk supply by retiring herds, milk price have shot up and have remained around $14.

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