RECENT NEWS
The Australian  Sep 1  Comment 
FARMERS are feeling less confident as prices for commodities such as wool, grains, dairy products and beef ease, and drought grips parts of the country.
Forbes  Sep 1  Comment 
British scientists have told meat-lovers they must swap hamburgers and steaks for a vegetable-rich diet in order to help prevent climate change. Researchers at Aberdeen and Cambridge universities carried out a joint study exploring what would...
The Hindu Business Line  Aug 27  Comment 
To tide over the growing ‘small change’ problem and making grocery shopping easier, dairy products major Mother Dairy and State Bank of India (SBI) on Wednesday launched the ‘SmartChange Card’ for...
Motley Fool  Aug 20  Comment 
What you need to know about the dairy products industry.
The Hindu Business Line  Aug 19  Comment 
Dairy products maker Hatsun Agro plans to strengthen its operations in Andhra Pradesh and the cattle feed business during the current financial year, a top official has said. “The year 20...
The Hindu Business Line  Aug 7  Comment 
Global food prices fell by 2.1 per cent in July from the previous month’s level due to sharp decline in international rates of grains, oilseeds and dairy products, according to the United Nations...
USDA NASS  Aug 1  Comment 
June 2014 Highlights...Total cheese output (excluding cottage cheese) was 942 million pounds, 3.3 percent above June 2013 but 2.6 percent below May 2014....
The Hindu Business Line  Jul 30  Comment 
Cigarettes-to-hotels major ITC Ltd will soon foray into new categories such as beverages that include fruit juices, tea, coffee and chocolates and dairy products. The foray will be to co...
newratings.com  Jul 18  Comment 
PARIS (dpa-AFX) - French diary giant Danone SA (DANOY.PK) has reached an agreement to acquire a 40% interest in Brookside Dairy Ltd.'s holding company. This partnership, which is effective from today, would significantly enhance the platform...
USDA NASS  Jul 3  Comment 
May 2014 Highlights...




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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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