Wall Street Journal  10 hrs ago  Comment 
The Trans-Pacific Partnership, which aims to lower trade barriers, was reached after bitter fights over the automotive industry, intellectual property rights and dairy products.
Reuters  Oct 3  Comment 
Pacific trade ministers are optimistic of closing a sweeping Pacific Rim trade deal after progress on Friday on hurdles involving autos, dairy products and intellectual property protections for expensive biologic drugs.
USDA NASS  Oct 1  Comment 
Total cheese output (excluding cottage cheese) was 974 million pounds, 3.5 percent above August 2014...
The Hindu Business Line  Sep 23  Comment 
Also wants setting of standards for 43 products under ‘Make In India’ to be fast-tracked
The Hindu Business Line  Sep 21  Comment 
Shares of Prabhat Dairy, an integrated milk and dairy products company, made a sluggish debut on bourses today, falling nearly 2 per cent over the issue price of Rs 115. The stock got lis...
The Economic Times  Sep 20  Comment 
Shares of Prabhat Dairy, an integrated milk and dairy products company, will be listed on the stock exchanges tomorrow.
USDA NASS  Sep 3  Comment 
Total cheese output (excluding cottage cheese) was 988 million pounds, 3.1 percent above July 2014...
New York Times  Aug 18  Comment 
A series of raids led the authorities to a ring of people suspected of peddling contraband dairy products made with banned Western ingredients.  Aug 18  Comment 
CANBERA (dpa-AFX) - The New Zealand dollar strengthened against the other major currencies in the Asian session on Tuesday following the news of Russia partly lifting a a ban on New Zealand's dairy products. Russia has now decided to allow...
USDA NASS  Aug 4  Comment 
Total cheese output (excluding cottage cheese) was 959 million pounds, 1.5 percent above June 2014 but 3.1 percent below May 2015....


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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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