RECENT NEWS
The Hindu Business Line  Nov 21  Comment 
In 1905, Muthuswami Mudaliar, a mail runner, used to carry butter and dairy products from the foothills of the Nilgiris, from Mettupalayam, to the Engish living in the hill stations of Ooty and Co...
The Hindu Business Line  Nov 18  Comment 
Gujarat Cooperative Milk Marketing Federation (GCMMF), the maker of Amul dairy products, is setting up a unit in West Bengal for an investment of around ₹200 crore.According to Krish...
The Hindu Business Line  Nov 18  Comment 
Will launch brand of milk and dairy products at competitive prices, set up a chain of parlours
Financial Times  Nov 17  Comment 
A study suggests that dairy products can weaken bones and cause fractures
USDA NASS  Nov 4  Comment 
September 2014 Highlights...Total cheese output (excluding cottage cheese) was 942 million pounds, 4.7 percent above September 2013...
The Times of India  Nov 3  Comment 
Americans and the Indian diaspora there will finally get the ‘Taste of India’. Kaira District Co-operative Milk Producers Union popularly known as Amul Dairy has started production of three dairy products at its US plant located at Waterloo...
The Hindu Business Line  Oct 31  Comment 
Dairy products maker Hatsun Agro Product Ltd has reported a 66.7 per cent decline in net profit at Rs 10.27 crore for the second quarter of this fiscal. The Chennai-based company, manufactu...
USDA NASS  Oct 2  Comment 
August 2014 Highlights...Total cheese output (excluding cottage cheese) was 940 million pounds, 0.9 percent above August 2013 but 1.7 percent below July 2014...
MedPage Today  Sep 16  Comment 
VIENNA (MedPage Today) -- Eating a lot of fatty dairy products, such as cream and fermented milk, seemed to lower the risk of type 2 diabetes development, Swedish researchers said here.
USDA NASS  Sep 4  Comment 
July 2014 Highlights...Total cheese output (excluding cottage cheese) was 956 million pounds, 7.0 percent above July 2013 and 1.2 percent above June 2014....




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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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